New restrictions imposed by the European Union on Russian oil imports are poised to reshape global energy trading dynamics, potentially increasing Indian refiners’ dependence on intermediaries. As the bloc tightens its sanctions amid ongoing geopolitical tensions, Indian oil companies are navigating a complex web of supply chain adjustments and pricing uncertainties. Industry insiders and market analysts suggest that the evolving regulatory environment may bolster the role of crude oil traders, who act as key facilitators in sourcing and distributing Russian oil to Asia’s largest refining hub. This development underscores the broader impact of EU sanctions beyond Europe, influencing energy markets and trade flows worldwide.
New EU Russia Sanctions Shift Oil Trade Dynamics Boosting Indian Refiners’ Dependence on Middlemen
New restrictions imposed by the European Union on Russian oil exports are reshaping the global supply landscape, inadvertently increasing Indian…
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Author : Charlotte Adams
Publish date : 2025-07-23 01:16:00
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