Key insights
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1
US sanctions deadline: Sanctions against Russian oil suppliers begin on Nov. 21.
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2
Impact on Indian refiners: Major refiners are halting deliveries, affecting crude supply.
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3
Potential shipment delays: Tankers may face delays or need to change destinations.
Takeaways
The impending US sanctions on Russian oil suppliers create significant uncertainty for Indian refiners and the future of crude shipments, potentially impacting global oil markets.
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Business & Markets Economy World & Politics International Affairs Climate & Environment Energy