New US sanctions on Russian tankers to hit oil supplies to India, refining sources say
Published by Global Banking & Finance Review®
Posted on January 10, 2025
1 min readLast updated: January 27, 2026

Published by Global Banking & Finance Review®
Posted on January 10, 2025
1 min readLast updated: January 27, 2026

US sanctions on Russian tankers disrupt India's oil supply, forcing refiners to seek alternatives from the Middle East and US.
By Nidhi Verma
NEW DELHI (Reuters) - Indian firms see a major disruption of Russian oil supplies as Washington imposes new sanctions to curb Moscow's revenues, pushing refiners to scout for crude from the Middle East and the U.S., three Indian refining sources said on Friday.
The sources said they understand that the new U.S. sanctions would target more than 180 tankers shipping Russian oil and Russia-based maritime insurance service providers Ingosstrakh Insurance Company and Alfastrakhovanie Group.
(Reporting by Nidhi Verma; Editing by YP Rajesh)
The main topic is the impact of new US sanctions on Russian oil tankers affecting India's oil supply.
Indian refiners are looking for alternative crude supplies from the Middle East and the US.
The sanctions target 180 Russian tankers and Russian maritime insurance providers.
Explore more articles in the Finance category