Expert Tereshkin: India Will Remain the Largest Maritime Importer of Russian Oil (Izvestia). Deliveries of Russian oil to India: the expert assessed the current situation and future prospects. Why has India become the largest buyer of Russian oil, and what challenges lie ahead for exporters? Read more in our article! India will remain the largest maritime importer of Russian oil in the coming years, partly due to the potential for growing demand, Sergey Tereshkin, General Director of the OPEN ...

... communication between India and Pakistan is minimal, but conflict would affect third countries as well. For instance, land routes from India through Pakistan to Afghanistan and Central Asia would be completely blocked, impacting the Afghan economy (which relies on Pakistani ports). In the Indian Ocean, military actions could jeopardize shipping security in the Arabian Sea—a crucial area for oil transport from the Persian Gulf. In 1971, the Indian navy successfully blocked Pakistan's ports in Karachi and Chittagong; ...

... Russian oil in the Indian market for one simple reason – they are different grades of black gold. Indian refineries are more tailored to handle heavy and medium-heavy grades of oil, which includes Russian Urals, while the U.S. primarily exports light and ultra-light (shale) oil. "India mainly purchases medium-sulfur Russian Urals oil, from which large refineries achieve a good yield of various petroleum products, including diesel fuel. A significant portion of these petroleum products is exported by Indians to external markets,...

... center highlights new U.S. pressures on 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. How do U.S. sanctions impact India, and how do they reflect on the oil, gas, and coal markets? The article examines key points, including OPEC's actions and changes in energy consumption. Stay updated on the developments in the energy world and learn how they may affect your business and the economy as a whole. We provide ...

... August. Both India and China have already stated that they will continue buying Russian oil, according to Dmitry Skryabin from Alpha Capital. Alexey Gromov from IEF believes that each of the countries currently serving as the largest buyers of Russian oil—China, India, and Turkey—will react differently to the situation. "I assume that China will be the least susceptible to U.S. sanctions pressure," Gromov noted. "The experience of China procuring Iranian oil despite intense U.S. pressure serves as proof....