As US President Donald Trump’s sanctions on Russian oil firms come into effect later this week, Indian refineries are already looking at the Middle-East for their crude oil supply. An increase in oil tanker bookings for Middle East-India routes indicates potential growth in crude imports soon, as sanctions on Russian producers force India to explore dependable supply alternatives. Oil market participants are intently monitoring India's immediate and long-term acquisitions of crude oil from sources other than Russia, seeking to understand the nation's strategy before November 21, when trade restrictions against Rosneft PJSC and Lukoil PJSC become operational. According to shipbroker data quoted in a Bloomberg report, approximately 12 tankers have secured charters this week to tra

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