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Upstart Indian Shipper Helps Get Russian Oil to Market
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Russia has managed to keep its oil moving to world markets, defying fears that sanctions imposed last month would lead to a plunge in exports.
A small office in a suburb of Mumbai helps explain how Russian crude continues to flow. The address is home to an Indian shipping company that didn’t manage a single ship until 2022. It took control of two dozen tankers after the Russian military invasion of Ukraine and has put them to work shuttling Russian crude along newly established trade routes to the Mediterranean, Turkey and India, vessel-ownership and tracking data show.
Read more on wsj.comAbout this in other media
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