India Reportedly Eyes Cut in Russian Crude Over US Sanctions Concerns
India is said to be eyeing a cut in Russian crude imports after the US signed a new sanctions bill imposing 100% tariffs on Russian oil purchasers. The US introduced similar 50% tariffs on India last year before dropping them to 18%, after which imports doubled within a month and peaked at nearly 3 million barrels per day in July, many of which made their way back to Russia as gasoline amid an…
We haven't written up this one. Kyiv Post has the full story — the link below goes straight to it.
