New sanctions threaten Russian oil sales to India
Fresh U.S. sanctions on Moscow threaten to dent Russian oil sales to India, the biggest buyer of Russian seaborne crude, and complicate efforts by Indian state refiners to secure annual supply deals, three industry sources familiar with the matter said.
Washington on Friday imposed sanctions to mark the second anniversary of Moscow’s invasion of Ukraine and retaliate for the death of opposition leader Alexei Navalny.
