... Russian supplies. However, experts believe that U.S. oil cannot become a serious competitor to Russian oil in the Indian market, and here's why. India, alongside China, is one of the largest buyers of Russian oil and has indeed doubled its purchases of American crude. From January to April, daily imports rose to 247,... ... really got a taste for Russian oil only in 2022 when the EU refused to buy it. In just a few months, Russia became the number one supplier to India. Our oil quickly displaced other major suppliers from the Indian market, primarily from the Middle East. Since ...

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... steps to counteract sanctions, aiming to reinforce its stance on the global stage. By impacting a critical resource, Russia highlights its role in the nuclear energy supply chain, potentially driving up uranium prices and increasing demand from other buyers. In the long term, this move could alter Russia’s trade relationships, especially if the US and other nations invest in alternative suppliers to reduce reliance on Russian uranium. The strategic restriction could motivate countries to diversify their sources, thereby reshaping the market landscape. Additionally, if other nations react with countermeasures or seek alternatives, Russia’s ...

... India regarding the export of petroleum products. The escalating geopolitical situation and actions aimed at stabilizing oil prices are becoming critical factors for the energy... ... market participants. Washington is ramping up its sanction pressure on the largest buyers of Russian oil, particularly with new trade tariffs imposed on India, escalating... ... publicly stated that purchases from Russia are driven by forced circumstances: traditional suppliers to India from the Middle East redirected major volumes of oil to the European...

... petroleum products continues to be in the spotlight, oil prices fluctuate amid political and economic turmoil. OPEC+ also contributes to price-setting, remaining a key player... ... investors and market participants. The United States is intensifying sanctions against buyers of Russian oil, impacting the interests of major oil companies and international... ... reformatting of oil supply chains: New Delhi may seek to source raw materials from other suppliers or demand discounts, while American importers might face retaliatory measures...