Russia, India and Arctic oil

Russia oil sanctions create different winners at different times
The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating both short- and medium-term winners and losers.
Russia Set to Test New Delhi’s Nerve by Sending Sanctioned Oil and Tankers to India
Russia is sending cargoes of sanctioned oil to India on tankers that have been blacklisted by the US Treasury — setting up an acid test of Moscow's ability to get around aggressive measures imposed by Washington earlier this month.
Russia defies US sanctions, sends sanctioned oil tankers to India
Russia has continued to send cargoes of crude oil to India on tankers that have been sanctioned by the US, Bloomberg reported on Tuesday. This situation presents a crucial test of Moscow’s ability to circumvent the stringent sanctions implemented by Washington earlier this month.
Sanctions tighten grip on Russian oil, pushing China and India away
As reported by Reuters, these sanctions have already had tangible effects. The main recipients of Russian oil, China and India, have suspended purchases from Russia because the de
China and India stop trading in Russian oil because of US sanctions, Reuters reports
China and India have stopped trading in Russian oil as US sanctions have caused a sharp rise in tariffs for tanker freight. Source: Reuters Details: According to traders and shipping companies, the trade in Russian oil that was loaded in March has stopped in Asia as a large price gap between buyers and sellers has emerged in China.

EU bolsters sanctions on Russia

Russian Economy Facing a Tidal Wave of Bankruptcies
One in five firms are at risk of defaulting on their loans, according to Russia's Center for Macroeconomic Analysis and Short ...
Exclusive-Russian Oil Refining Rises as US Sanctions Target Crude Exports - Sources
Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which ...
Putin Dismisses Trump’s Sanctions Threat While Heaping New Praise on Him
Russia’s president flattered his American counterpart as “smart” and “pragmatic,” and repeated Mr. Trump’s baseless claim ...
Russia 'very closely' monitoring Trump's sanctions threats, Kremlin says
Russia is "very closely monitoring all the rhetoric" from Washington, a Kremlin spokesperson said, after President Donald ...
Markets Insider on MSN12d
Ratcheting up sanctions on Russian oil may be the key to Trump's plan to end the war in Ukraine
"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
Russian oil share to dip for Indian Oil as firm secures no purchase since Jan 10 sanctions
Indian Oil remains confident about energy availability for India saying US sanctions imposed on Russian oil would have ...
China Is Quietly Taking Over Russia's Tech Market
Once a global leader in cryptocurrency mining, China banned the activity in 2021, citing financial and environmental concerns ...
Daily Maverick on MSN18h
Kyiv drones hit Russian oil pumping station; EU proposes sweeping new sanctions package on Moscow
An overnight Ukrainian drone attack hit Russia’s Andreapol oil pumping station, part of the oil export route via the Baltic ...