India oil producers are not going to abandon the import of cheap Russian oil, despite US sanctions. For this, new intermediaries, complex logistics schemes and rewalling goods are used, which allows you to extend the supply without direct violation of restrictions. This is written by Bloomberg. Earlier, India was one of the largest importers of Russian oil, especially after the start of the war in Ukraine, when discounts on raw materials became significant.

The share of Russian oil in the total import of India increased to 30%. However, in January 2024, Washington imposed new sanctions against tankers and companies that helped transport Russian oil. This led to a temporary reduction in supplies and forced Indian companies to look for alternatives. According to experts, state oil refineries and Reliance Industries Ltd. Leduated 18-20 goods of Russian oil for loading in March. This is approximately 14% of the total monthly import of India.

Indian oil producers began to actively cooperate with new trading companies and use different methods to maintain Russian oil imports.

Among the main schemes that allow you to bypass sanctions, the following can be distinguished:.

Despite the sanctions, India does not intend to refuse to cooperate with Russia. The main reasons:.

India Minister of India Pankaj Jain indicated that the country is working on solving problems with logistics, insurance agreements and financial calculations to continue the import of Russian oil. Therefore, India continues to look for different ways of supply.