Russian crude unable to reach India amid sanctions – Bloomberg ...News

China has reportedly snapped up the undeliverable cargoes Several ships loaded with Russian crude oil ordered by India were unable to deliver their cargo and are now heading away from the destination country, Bloomberg reported on Tuesday, citing vessel-tracking data. The deliveries to India have reportedly been hampered by payment issues stemming from Western sanctions. The US treasury pledged last month to ramp up the enforcement of the $60-a-barrel price cap on Russian crude exports, which came into effect in 2022. The five tankers, which are carrying one of the Russian crude grades, Sokol, were idling off Indi

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