 "Russian Oil, crude oil, oil, oil prices")
As the year begins, Russian oil tankers are finding it difficult to offload their cargo in India for reasons related to two significant developments in December.
In early December, the European Union (EU) sent David O'Sullivan, the bloc’s envoy for sanctions, to India. The talks O'Sullivan had with Indian officials of various ministries had a clear agenda: What will it take for India to reduce purchasing Russian crude and instead buy its needs from West Asia and the United States (US).
The other development was an executive order signed by US President Biden on Russia's seafood trade. It contained a
