Russian Oil Tankers Idle Off India as Sanctions and U.S. Tariff Threats Disrupt Trade
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Diverging Reports Breakdown
Russian Oil Tankers Idle Off India as Sanctions and U.S. Tariff Threats Disrupt Trade
Two of the vessels, the Achilles and the Elyte, are anchored near the port of Jamnagar. Two additional tankers, the Destan and the Horae, are also waiting offshore.
Two of the vessels, the Achilles and the Elyte, are anchored near the port of Jamnagar, which were both originally scheduled to arrive at the nearby Sikka terminal between Wednesday and Thursday.
The ships were loaded with Urals-grade crude at Russia’s key export hubs of Primorsk and Ust-Luga, and both are subject to sanctions imposed by the European Union and Britain.
Two additional tankers, the Destan and the Horae, are also waiting offshore. While the Destan is under similar EU and U.K. sanctions, the Horae is not currently sanctioned.