24/4/2025, 5:30:04 pm

Three more Russian insurers seek India OK to provide cover for oil tankers

3 more Russian insurers, including Sberbank's subsidiary, have sought Indian approval to provide marine insurance for Russian oil shipments to India, as Moscow aims to maintain oil exports despite Western sanctions. India has already approved 5 Russian insurers, with the three new applicants meeting India's criteria. This move comes amid growing scrutiny of Russia's oil supply chain by the West.