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Obscure traders ship half Russia's oil exports to India, China after sanctions

Sanctions over the Ukraine war have led to the emergence of at least 40 middlemen, including "little-known companies" and those reportedly with no prior experience of handling Russian oil, that are handling Russian oil trading between March and June, according to a Reuters tally. These firms are said to have shipped at least half of Russias overall crude and refined products exports of 6-8 million barrels per day. The new players have become some of the worlds largest oil traders and h...
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Obscure traders ship half Russia's oil exports to India, China after sanctions

MOSCOW/LONDON/NEW DELHI :A Liberian-flagged oil tanker set sail in May from Russia's Ust-Luga port carrying crude on behalf of a little-known trading company based in Hong Kong. Before the ship had even reached its destination in India, the cargo changed hands. The new owner of the 100,000 tonnes of Urals
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