Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

MEA Highlights Global Market Strategy, ETEnergyworld

August 2, 2025

Rising Discontent against Zelensky and its implications for Ukraine’s membership of EU

August 2, 2025

Nordic countries hit by ‘truly unprecedented’ heatwave | Climate crisis

August 2, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Tankers with Russian oil idle off India as refiners seek steer, ETEnergyworld
Oil & Stock Correlation

Tankers with Russian oil idle off India as refiners seek steer, ETEnergyworld

omc_adminBy omc_adminAugust 1, 2025No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


At least four oil tankers laden with Russian crude are waiting off India’s western coast, as the Asian country’s purchases of the commodity come under the spotlight amid pressure from the US and European Union.

The Achilles and Elyte are currently anchored near Jamnagar, ship-tracking data show. The vessels were slated to discharge at Sikka on Aug. 2 and 3, after picking up cargoes in late June from Primorsk and Ust Luga, where Russia’s flagship Urals crude is usually loaded. Both tankers have been sanctioned by the EU and UK.

More than a third of India’s oil imports come from Russia, and the flows have made headlines in recent weeks, beginning with a fresh round of EU sanctions in mid-July. This week, the Trump administration cited the purchases as a reason to hit India with hefty import tariffs and also threatened more unspecified penalties for taking the oil. New Delhi has since asked refiners to devise and share plans on sourcing crude from elsewhere.

Achilles and Elyte, both Aframaxes, have an oil-carrying capacity of about 700,000 barrels each. Sikka port serves Reliance Industries Ltd. as well as Bharat Petroleum Corp. Ltd.

Reliance and BPCL did not immediately respond to requests for comment.

Two other tankers, the Destan and Horae, are also idling further off the coast with Urals crude after picking up their cargoes between June 24 and July 1, ship-tracking data show. Destan, sanctioned by the EU and UK, is expected to reach Sikka in the coming days. Horae, whose destination remains unclear, is not sanctioned by the EU, UK or US. The destinations of the tankers, both Aframaxes, may change.

Published On Aug 1, 2025 at 01:23 PM IST

Join the community of 2M+ industry professionals.

Subscribe to Newsletter to get latest insights & analysis in your inbox.

All about ETEnergyworld industry right on your smartphone!



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

MEA Highlights Global Market Strategy, ETEnergyworld

August 2, 2025

Nayara looks inward as overseas options shrink, ETEnergyworld

August 2, 2025

Russian LNG exports fell 4.5% year-on-year in January-July, data shows, ETEnergyworld

August 1, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20254 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views
Don't Miss

ExxonMobil actively seeking acquisitions, says CEO

By omc_adminAugust 1, 2025

(Bloomberg) – Exxon Mobil Corp. is looking for opportunities to acquire smaller rivals, a year…

Oil majors win $4.2 billion environmental dispute in Kazakh court

August 1, 2025

Exxon, Chevron report record oil production for second quarter

August 1, 2025

Microsoft-Backed Helion Breaks Ground on World’s First Fusion Power Plant in Washington

August 1, 2025
Top Trending

Nordic countries hit by ‘truly unprecedented’ heatwave | Climate crisis

By omc_adminAugust 2, 2025

Unusually high number of jellyfish arrive in UK seas | Marine life

By omc_adminAugust 2, 2025

Two wildfires in US west spur ‘fire clouds’ with erratic weather systems | US wildfires

By omc_adminAugust 1, 2025
Most Popular

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 20253 Views

Analysis: Reform-led councils threaten 6GW of solar and battery schemes across England

June 16, 20252 Views

Guest post: How ‘feedback loops’ and ‘non-linear thinking’ can inform climate policy

June 5, 20251 Views
Our Picks

Rising Discontent against Zelensky and its implications for Ukraine’s membership of EU

August 2, 2025

Oil Drops on Weak U.S. Data

August 1, 2025

Indian Refiner Snaps Up USA Oil

August 1, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.