US sanctions on Russian oil giants Rosneft and Lukoil have significantly impacted India’s crude imports, with shipments plummeting by 66% in November. Refineries are now wary of US penalties, leading to reduced new orders and expedited existing ones. This shift forces Russian exporters to adopt more opaque shipping methods to navigate sanctions.
Related Posts
UPI has surpassed Visa with 650 m daily transactions: Amitabh Kant
Unified Payments Interface (UPI) has overtaken Visa to become the world’s leading real-time payment system, processing over 650 million daily transactions compared to Visa’s 639 […]
‘No faith in Constitution’: Fadnavis targets Rahul; terms him ‘urban maoist’
Maharashtra CM Devendra Fadnavis has strongly criticized Rahul Gandhi, accusing him of echoing “urban Maoist” sentiments. Fadnavis alleges Gandhi is inciting Generation Z to overthrow […]
Brian & Sarah Vickers net worth: NASCAR earnings, real estate
Former NASCAR driver Brian Vickers and his wife Sarah Vickers amassed a fortune. Their wealth stemmed from racing wins, sponsor deals, and substantial property investments. […]