US waiver set to keep Russian oil exports to India near record high
MOSCOW/LONDON, April 21 (Reuters) – Russian oil sales to India are set to remain near record highs in April and May following a new U.S. sanctions waiver, and refiners have already secured much of their supply needs via non-sanctioned entities and vessels, traders said and data showed on Tuesday. The robust exports to India – the second-largest buyer of Russian crude after China and largest importer of its flagship Urals grade – will likely help Moscow replenish state coffers under pressure due to military spending for the war in Ukraine. India shipped in a record 2.25 million barrels per day