India will reject Russian oil tankers under US sanctions, Bloomberg reports

9 comments

1. India intends to abandon oil tankers that have been sanctioned by the United States because of their role in transporting goods for Russia, which is another example of the impact of Washington’s measures on the global oil market.

2. Yeah yeah…

   And I’m Santa 🙄

3. To me this seems to combine the waning importance of oil to anyone who isn’t a major oil exporter as India is fairly aggressively decarbonising, with a fairly explicit signal of Russia’s waning international power.

   This is Russia’s grand strategic position falling apart.

4. All Russian oil just became Belarusian Oil to India

5. India being India, I am sure that they will find ways around this.

6. This is just India applying downward pressure on the price of Russian oil. The harder it is for Russia to sell it, the less they can demand for it.

7. Doubt.

   This is India we’re talking about.

8. (poking stick meme) Come on, collapse already…

9. That’s the end Russia.

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