It’s a Russian crude oil tanker that’d been sailing nearly two weeks, biding its time, in the Laccadive Sea. The NS Century is waiting for an Indian government green signal to sail into Gujarat’s Vadinar Port to unload its consignment of Russian oil.
The Century is one of five ships that have been sanctioned by the US government for carrying Russian oil that’s being sold at more than $60. That’s the ceiling price fixed by the G7 countries to ensure Moscow’s earnings from its oil exports are squeezed sharply. India has been one of the biggest buyers of Russian oil for more than one year now since the Russia-Ukraine war began.
