India’s Russia Oil Trade May Dip Again, Stranding Cargoes at Sea

India’s buying of Russian crude is likely to stabilize or even decline this month, leaving more cargoes from the OPEC+ producer stranded and pushing the world’s third-largest oil importer to...

By Yongchang Chin, Rakesh Sharma · Bloomberg Markets

India’s buying of Russian crude is likely to stabilize or even decline this month, leaving more cargoes from the OPEC+ producer stranded and pushing the world’s third-largest oil importer to look to pricier alternatives.