India's Russian crude binge to continue after Trump waives new sanctions law

India's crude imports from Russia are expected to continue at elevated levels after the US administration waived the application of a new sanctions law, according to the headline reported by Businessline. The transmission channel runs through crude supply and discounted pricing: Russian barrels sold below the Brent benchmark lower India's import bill and ease refinery margins, while reducing the pull on alternative Middle Eastern and Atlantic Basin supply. Indian state refiners and Russian oil exporters are the most directly exposed, with Brent and Urals spreads sensitive to any shift in enforcement posture. Traders should watch India's monthly crude import data from the commerce ministry and Kpler or Vortexa tanker tracking for confirmation of whether Russian volumes sustain their recent pace.

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