Russian Crude Oil: The Liberian-flagged ships hit with sanctions are the Kazan, Ligovsky Prospect and NS Century, according to the Treasury Department.
India: Inventories held by power plants fell by 12.6% to 20.58 million metric tons in the sharpest fortnightly decline since the second half of September 2021. Stocks fell to their lowest level since November 2021.
The average LNG price for November delivery into north-east Asia rose 7.4% to $14.5 per million British thermal units (mmBtu), industry sources estimated.
Taiwan currently imports roughly 98 per cent of its energy sources and gets more than 80 per cent of its electricity from fossil fuels, including around 43 per cent from coal and 39 per cent from natural gas, according to data from think tank Ember.
Russia eased some of the restrictions on Sept. 25, saying it would allow the export of bunkering fuel for some vessels and diesel with high sulphur content.