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Russian oil supplies to India will continue to flow unhindered and suppliers will come up with ways to sidestep secondary sanctions, a Russian official told Business Standard.

The unexpected missile attack on a second India-bound ship carrying Russian crude, just three weeks after the first, has complicated matters for domestic refiners. India now counts the Vladimir Putin-led nation as its biggest oil supplier, according to Paris-based market intelligence agency Kpler, and these attacks come on top of US sanctions since December, where vessels that bring crude to India are facing heightened scrutiny. Panama-registered Pollux, which loaded crude at the Sheshkaris oil terminal in the Russian port of Novorossiysk on January 24, was scheduled to deliver the medium, sou...

Barring new evasive techniques by Kremlin technocrats, the rapid rise in Russia’s shadow tanker fleet since the Ukraine war may be reversing as pressu...

The Treasury Department steps up its efforts to identify violations of Russian oil sanctions and price caps by shippers.

The Treasury Department steps up its efforts to identify violations of Russian oil sanctions and price caps by shippers.