Russian flag with stock graph and an oil pump jack miniature model are seen in this illustration taken October 9, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights
SINGAPORE/NEW DELHI, Nov 17 (Reuters) – Three oil tankers, newly sanctioned by Washington, regularly shipped Sokol crude from Russia’s Far East to Indian Oil Corp (IOC.NS), the country’s top refiner, in recent months, according to shiptracking data from LSEG, Kpler and trade sources.
The U.S. on Thursday imposed sanctions on maritime companies and vessels for shipping Russian oil sold above the Group of Seven’s price cap, as Washington seeks to close loopholes in the mechanism designed to punish Moscow for its war in Ukraine.
The Liberian-flagged ships hit with sanctions are the Kazan, Ligovsky Prospect and NS Century, according to the Treasury Department.
All three Aframax-sized tankers discharged Russian Sokol crude in India in September while two of them made the trip in October, the data showed.
In the short-term, sanctions may reduce the number of ships carrying Russian oil and prompt India…
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