As the agency indicated, dozens of tankers will be forced to look for alternative destination ports.
Given US restrictions, Indian refineries are looking to replace Russian oil, booking tankers for cargo from the Middle East at such a pace that freight rates on this route have reached a nearly five-year high, Bloomberg emphasized.
At the same time, traders are closely monitoring the end buyers of Lukoil and Rosneft crude oil, which are already at sea.
According to the analytical company Kpler, we are talking about about 50 tankers heading to China and India, as well as to small ports from the Baltic to the South China Sea.
Bloomberg noted that China and India are wary of being subject to future secondary sanctions as the US steps up pressure on any player that facilitates Russian exports.
The extent of these restrictions and the US willingness to comply with them will determine how much Russian oil reaches refineries.
