The recent denial of entry by Indian authorities to a ship carrying Russian crude oil due to lack of proper documentation may signal broader geopolitical implications for both nations.
The Indian shipping industry’s relationship with Russia has evolved significantly in recent years, driven by geopolitical shifts, economic necessities, and strategic partnerships. This relationship is deeply intertwined with broader bilateral trade dynamics, particularly in the energy sector, as India has become one of the largest importers of Russian crude oil since the onset of Western sanctions following Russia’s invasion of Ukraine in 2022.
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