Russian Oil Deliveries to India Stir Concerns Among Americans – What's the Issue?

According to Bloomberg, this volume would mark the highest level in the past two years. The restoration of logistics routes, previously disrupted by trade tariffs imposed under former U.S. President Donald Trump’s administration, is anticipated to facilitate the increased supply.

The Bloomberg report notes that this signals a gradual normalization of oil trade relations between Russia and India, with volumes steadily returning to pre-sanction levels. The recovery has been aided by the stabilization of logistics networks that were initially impacted by U.S. sanctions introduced earlier this year.

Earlier, Estonian Foreign Minister Margus Tsahkna expressed concerns about potential financial challenges for the EU and G7 nations. These could arise from extending credit to Ukraine using frozen Russian assets, which were seized by the West in response to Russia’s special military operation in Ukraine. For more details, read KS’s article:

Europe Faces Serious Trouble: Russian Assets Must Remain Frozen, Says Estonian Foreign Minister.