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Russia Oil Ship Changes Course to India Amid China Shift

Bloomberg Markets •
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A Russian oil tanker originally bound for China has abruptly changed course in the South China Sea, now racing toward India after New Delhi significantly increased its Moscow energy imports. The vessel's diversion highlights the shifting dynamics in global crude oil trade as India emerges as a major buyer of discounted Russian oil.

This redirection comes as India has been aggressively purchasing Russian crude following Western sanctions on Moscow. The country's state-owned refiners have been snapping up Russian oil at steep discounts, with imports from Russia surging in recent months. The tanker's sudden change of destination underscores how quickly market conditions can shift in response to pricing and demand.

The development signals India's growing appetite for Russian energy as it seeks to capitalize on lower prices while maintaining energy security. This strategic pivot in oil trade routes demonstrates how geopolitical tensions are reshaping global energy flows, with India positioning itself as a key alternative market for Russian crude exports.