India Expects No Disruption to Russian Oil Supply Until March

Following Friday’s U.S. sanctions against tankers shipping Russian oil, India expects its flows of crude from Russia not to be disrupted until March as the sanctioned tankers will be allowed to discharge until then, a senior Indian government official told Reuters on Monday. India will allow cargoes carrying Russian oil booked before January 10 to discharge at ports when they arrive at Indian coasts, according to the official who spoke on condition of anonymity. The outgoing U.S. Administration on Friday imposed the most severe sanctions…