India and China have become major importers of Russian crude oil, undermining Western sanctions and accelerating de-dollarization.
Chinese and India n oil traders have been responsible for the explosive growth of dark fleet tankers hauling Russian crude to Asia, evading Western sanctions. A new report titled ' BRICS Energy Engine of the New World Order' from the Valdai International Discussion Club, authored by Deputy Head of the National Energy Security Fund Alexey Grivach, was first cited by Russian media outlet TASS News.
He said this is primarily because Russian crude gets sent to India for refining and then 'shipped back to Europe,' adding, 'It'd be fine if this happened on Western-owned oil tankers in compliance with the G7 cap. But this happens on shadow fleet vessels. That helps Putin...
India China Sanctions Dark Fleet Tankers Refineries BRICS G7
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