India has resumed imports of Russian Sokol oil after a two-month hiatus, with at least two refiners receiving deliveries in February. Indian state refiners had stopped buying the crude last year due to strained relations with China. The move led to over 10 million barrels of unsold Sokol oil, causing significant disruption to Russian oil trade. India s Hindustan Petroleum Corp and private refiner Nayara Energy have purchased Sokol oil this month.
Several vessels transporting crude oil from Russia, previously idling off the coast of India, are now changing their course eastward, raising concerns about oil payments to Moscow and resulting in a d