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    Home > Finance > New US sanctions on Russian tankers to hit oil supplies to India, refining sources say
    Finance

    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 read

    Last updated: January 27, 2026

    This image illustrates Russian tankers, which are facing new US sanctions that threaten India's oil supply. The sanctions target over 180 tankers, compelling Indian refiners to seek alternative crude sources, impacting global oil markets.
    Image of Russian tankers impacted by US sanctions affecting oil supply to India - Global Banking & Finance Review
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    Quick Summary

    US sanctions on Russian tankers disrupt India's oil supply, forcing refiners to seek alternatives from the Middle East and US.

    US Sanctions on Russian Tankers to Disrupt India's Oil Supply

    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)

    Key Takeaways

    • •US imposes new sanctions on Russian oil tankers.
    • •Indian refiners face supply disruptions.
    • •Refiners seek crude from Middle East and US.
    • •Sanctions target 180 Russian tankers.
    • •Russian maritime insurance services affected.

    Frequently Asked Questions about New US sanctions on Russian tankers to hit oil supplies to India, refining sources say

    1What is the main topic?

    The main topic is the impact of new US sanctions on Russian oil tankers affecting India's oil supply.

    2How are Indian refiners responding?

    Indian refiners are looking for alternative crude supplies from the Middle East and the US.

    3Who are affected by the sanctions?

    The sanctions target 180 Russian tankers and Russian maritime insurance providers.

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