Tag: russian oil
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Shadow Fleet Operations: How Russian Oil Circumvents Sanctions via Gulf States
The recent video sheds light on the concept of a “shadow fleet,” a collection of approximately 100 tankers responsible for transporting Russian oil while circumventing Western sanctions. These tankers, including the C1, operate from countries such as the UAE, India, and China, following Russia’s development of its own shipping and insurance in response to a…
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China and India Boost Russia’s Economy by Increasing Oil Purchases Amid Western Sanctions
Recent shifts in global oil trade dynamics have seen China and India significantly increase their purchases of Russian oil, following Western sanctions imposed on Russia due to its invasion of Ukraine. These developments have altered traditional trade routes and pricing structures, with Russian oil now being sold at a discount. Despite the sanctions, Russia’s oil…