India develops a scheme to circumvent sanctions for importing oil from the RF - Media.

Oil refineries in India are finding new ways to continue importing cheap Russian oil amidst sanctions from the US. According to Bloomberg, they are establishing contacts with traders, shippers, and insurance companies that are not on the US 'blacklist'. This helps them restructure the oil supply chain.

Large companies in India continue to purchase Russian oil at reduced prices. However, in January of this year, the US imposed sanctions against vessels and companies that assist Russia, which posed a threat to oil supplies to India.

It is estimated that Indian companies could not receive 20 million barrels of Russian oil for March. They will attempt to fill this gap by attracting new suppliers and changing supply chains.

New trading companies are being established in Dubai, offering Indian buyers Russian oil. This allows them to replace firms that have concluded sanctioned agreements and continue oil imports.

The US administration complicates the task for Indian companies, but they believe they can find ways to continue importing oil from Russia. However, the meeting between Narendra Modi and Donald Trump raises concerns, as it is unclear what position the new administration will take regarding sanctions against Russia.

Companies in India are also considering alternative options, such as using tanks to mask the origin of oil. This allows them to find other supply sources and avoid problems with sanctions.

Both parties - Russia and India - are interested in oil trade and are looking for ways to maintain these supplies.