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Obscure traders ship half Russian oil to India, China

Russia has supplied record volumes to China and India in May as the two avoid imposing sanctions

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Author: Craig Kennedy, Harvard University In January 2023, Russian President Vladimir Putin instructed senior Kremlin officials to find solutions to something he termed the diskont — a problem he feared could cause issues with the budget Putin was referring to the deep price reductions or discounts Russian oil exporters have been forced to offer to Russian oil exporters cast a shadow on Western sanctions

Oil sanctions against Russia threaten to erode Moscow’s economic resilience, shrink profits due to high freight costs to deliver to Asian buyers and heighten the risk of shadow fleet vessels causing catastrophic spills.

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Russian cargo likely to reach Pakistan on June 11

The delay in arrival of cargo will not increase transportation cost as it is already settled with the Russians, official says

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Pakistan Allows Barter Trade with Iran, Afghanistan, Russia

ISLAMABAD - Pakistan has authorized barter trade with Iran, Afghanistan and Russia on specific goods, including petroleum and gas, to bypass Western san

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Pakistan Allows Barter Trade with Iran, Afghanistan, Russia

Move comes as part of effort to evade Western sanctions on the three countries

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