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Sanctions

Russia captures 46% of India’s crude oil basket as June imports hit record 2.6 million bpd
SupplementAL
India’s crude oil sourcing map underwent another significant shift in June, with Russian barrels accounting for nearly half of the country’s total imports. Purchases from Russia climbed 17 per cent month-on-month to a record 2.6 million barrels per day (bpd), lifting Moscow’s share of India’s crude import basket to 46 per cent. The scale of the change is particularly striking when viewed against the pre-2022 trade pattern. Before February 2022, Russian crude typically represented less than 1 ...
European Commission considers tighter controls on alumina exports linked to Russia
Alumina
The European Commission is preparing tighter restrictions on goods that could support Russia’s military production, amid growing pressure within the European Union to curb alumina exports linked to the Russian defence sector. EU sanctions envoy David O’Sullivan said the bloc will continue efforts to limit Russia’s access to commodities that could be processed for military equipment production. To know the long-term bauxite market forecast, book our report: “Global Bauxite & Alumina Market F ...

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