Economics

Moscow was left without money: Russia cannot deliver 5 million barrels of oil to India

All five tankers who carry black gold from Russia to India belong to the Russian State Tanker Company of PJSC "Sovcomflot". About five million barrels of Russian oil of the Sokol variety cannot be delivered to oil refineries in India. The delivery has been delayed for four weeks, all five tankers with raw materials are approximately a mile from the end point. About it writes Vloomberg. It is noted that there are 700 thousand tons of barrels of raw oil stuck in the sea.

She was pumped from deposits near the eastern coast of Sakhalin Island in the Far East of Russia. All vessels belong to the Russian State Tanker Company of PJSC "Sovcomflot". Another tanker that cannot be burned to India does not belong to the Russian company. Journalists write that the exact cause of stopping tankers is unknown.

It is possible that Russian oil can not be delivered to India because of the sanctions of the United States of America for tankers carrying "black gold" with a Russian Federation with violation of the price restriction established by the G7. At the same time, Russia, despite problems with oil delivery, continues the load of raw materials on the tankers. "Another tanker owned by Sovcomflot has completed the load of the cargo on December 19 and heads to the sea oil terminal in Vadinar.

It is expected that the tanker will arrive there on January 5," the statement said. The trading route in the field of oil industry, through which the Russian Federation could supply oil abroad, avoid European sanctions and earn money, trading energy, has faced serious difficulties due to problems in other currency, except the dollar.

The situation was complicated when in July India, which instead of the EU became the largest consumer of maritime Russian oil, wanted to carry out trade operations with the aggressor country in Rs. Problems are expected to intensify with increased trade in trade. We will remind that since December 5, 2022 the European Union introduced an embargo on import of sea oil from Russia. Also, G7 and Australia have set a price ceiling at $ 60 per barrel for Russian oil.