India's Russian Oil Imports Stabilise At 1.8-1.9 Million BPD After Trump Waives Sanctions Law

India's imports of Russian crude have stabilised at 1.8-1.9 million barrels per day, according to the headline, following a US decision to waive a sanctions law. Market exposure runs through supply availability: sustained flows of discounted Russian barrels to a large Asian buyer ease the tightness that sanctions had created in seaborne crude, and they narrow the price gap between Urals and Brent. The most exposed assets are Russian crude grades and their discount ben

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