India to Receive Record US Crude Shipment Amid Tighter Russian Sanctions

Defense News ,India :-  India, a big buyer of oil, will get lots of oil from the US soon. The US is sending more than 250,000 barrels of oil every day to India next month. This is the most oil India has received from the US in over a year. This happens as rules on Russian oil get stricter.

India needs a lot of oil, and it usually gets it from different countries. But now, new rules are making it hard for Russia to sell oil to India. Russia is one of India's biggest oil suppliers, but because of these rules, India is looking for other places to get its oil from.

Some big ships are bringing oil to India. They are carrying around 7.6 million barrels of oil. That's like 256,000 barrels every day. These ships are being tracked by a company called Kpler. They are going mostly to the western coast of India. Companies like Reliance Industries, Vitol, Equinor, and Sinokor have chartered these ships to bring the oil.

Last year, India bought the most oil from Russia compared to any other country. But because of the rules, fewer people are buying Russian oil. This started after Western countries put sanctions on Russia for invading Ukraine in 2022.

Recently, the US made it even harder for Russia to sell oil. They put sanctions on a Russian company called Sovcomflot and 14 oil tankers that transport Russian oil. Because of this, Reliance, which runs the biggest refining complex in the world, won't buy oil from ships owned by Sovcomflot. This was reported by Reuters.

Other Indian oil companies are also planning to stop using Sovcomflot ships. This might mean that India will buy less oil from Russia. And it will also make it harder for Russia to sell its main product, oil.