Millions of barrels of Russian crude are on their way to India as US sanctions loom. This situation raises concerns about the delivery and future of these shipments.

With US sanctions against Russian oil suppliers set to take effect soon, millions of barrels of crude are heading to India. Tankers from Rosneft and Lukoil are nearing Indian shores, but the impending restrictions create uncertainty about their discharge. Major Indian refiners, including Reliance Industries, have announced they will stop taking deliveries of Russian crude after the sanctions begin. This could lead to delays or diversions of shipments, as companies assess their options. Some Indian firms may seek exemptions similar to those granted to Hungary. The situation is critical, as four of Russia's top producers, responsible for a significant portion of its exports to India, will be under sanctions, putting buyers at risk of secondary sanctions.