Analysts anticipate major disruptions to Russia’s “shadow fleet” oil exports to India due to US Treasury sanctions. From April to November 2024, India imported about 88 percent of its oil needs, with 40 percent from Russia. Of 183 newly sanctioned tankers, 75 have delivered Russian crude to India

Analysts anticipate major disruptions to Russia’s “shadow fleet” oil exports to India due to US Treasury sanctions. From April to November 2024, India imported about 88 percent of its oil needs, with 40 percent from Russia. Of 183 newly sanctioned tankers, 75 have delivered Russian crude to India

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by Prior-Case58