US EditionIndia halts trade with US-sanctioned Russian companies and tankers, government source says
- India's refiners have ceased trade with U.S.-sanctioned Russian companies and tankers, according to a government source on Monday.
- The U.S. imposed severe sanctions on Russian oil companies and vessels last week, targeting revenue for the war in Ukraine.
- India expects no disruption in Russian crude supplies during the two-month wind-down period until March 12.
- The Kremlin warned that U.S. sanctions could destabilize global markets and pledged to minimize their impact.
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Two superpowers, China and India, refuse to accept Russian oil ships as a result of new US sanctions
The new U.S. sanctions forced China and India to host Russian oil tankers now, Bloomberg reports, although some ships were even in mainland waters and preparing to unload.
·Romania
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Due to additional sanctions recently imposed by the US, three tankers carrying a total of more than two million barrels of Russian oil were stranded in Chinese waters and unable to dock at ports.
·Estonia
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Leaning Left1Leaning Right2Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
14%
C 57%
R 29%
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