Particle.news

Download on the App Store

Russian Oil Tankers Stalled Off India's Coast as New Delhi Pushes for Alternative Crude Sources

India’s petroleum ministry has asked refiners to draw up contingency strategies to lessen dependence on discounted Urals crude in the face of tightening Western sanctions.

Overview

  • Since August 1, four Aframax-class vessels loaded with Russian Urals crude have been idling off India's western coast, awaiting discharge at Jamnagar and Sikka ports.
  • Two sanctioned vessels, Achilles and Destan, are due to dock soon while the non-sanctioned Horae’s arrival remains unclear pending regulatory review.
  • President Trump’s administration has imposed hefty tariffs on Indian imports and threatened further penalties over its purchases of Russian oil.
  • Deep discounts have driven Russia to account for more than one-third of India’s crude imports, entangling New Delhi in growing trade and diplomatic pressures.
  • Major refiners such as Reliance Industries and Bharat Petroleum have been instructed to devise alternative sourcing plans to shield India’s energy security from escalating geopolitical risks.