
World Jun 23, 2022
Russian oil tankers get India safety cover via Dubai company
India, which has refrained from condemning Russia given its longstanding security ties, has sharply boosted Russian crude oil purchases in recent months.
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India, which has refrained from condemning Russia given its longstanding security ties, has sharply boosted Russian crude oil purchases in recent months.
Private refiners have helped drive total Indian fuel exports 15% higher in the first five months of 2022 compared with the same period in 2021.
Insurers from Europe and the United States, which dominate the international marine market, are curtailing coverage for Russian oil tankers, industry sources say.