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India Is Seeking Clarity From U.S. On Russian Curbs

Hindustan Times Chandigarh

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January 18, 2025

New Delhi said on Friday it is in touch with Washington to clarify issues related to the impact that the latest US sanctions on Russian oil producers, service providers and oil-carrying vessels could have on Indian companies, amidst fears that this could be significant.

- HT Correspondent

NEW DELHI:

On January 10, the US treasury department imposed sweeping sanctions on oil producers Gazprom Neft and Surgutneftegas, 183 vessels that have been used to ship Russian oil and Russia-based oilfield service providers. US officials said the move targeted revenues that Russia has been using to fund its war with Ukraine.

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