India-Bound Russian Oil Faces Deadline As US Sanctions Begin

21 Nov 2025 CW Team

According to data from Kpler Ltd, at least 7.7 million barrels of Russia’s Urals crude linked to the two sanctioned producers are set to reach India after US restrictions take effect on 21 November. This raises concerns over whether the shipments will be able to discharge smoothly once the deadline passes.

Most of the tankers are headed to Reliance Industries Ltd’s Jamnagar refinery or Nayara Energy Ltd’s Rosneft-linked Vadinar port, with expected delivery dates spanning late November to December. Shipping destinations, however, can change mid-voyage.

Oil traders are closely monitoring flows of sanctioned Russian crude to India, a major customer, to gauge its demand for alternative supplies. New Delhi has faced increasing pressure from Washington, which argues that continued purchases support Moscow’s war effort in Ukraine.

Five of India’s seven refiners, including Reliance, earlier said they would stop taking delivery of Russian crude after 21 November. State-run Indian Oil Corporation will continue buying non-sanctioned grades, while Nayara Energy — which depends entirely on Russian cargoes — is still lifting shipments.

It remains unclear whether Indian companies have sought US exemptions to keep importing crude from Rosneft or Lukoil beyond the deadline. Hungary recently secured an exemption for Russian oil and gas, and Washington has granted limited waivers for select Lukoil transactions.

From Friday, four of Russia’s largest producers — responsible for as much as 80 per cent of its crude exports to India — will fall under sanction, exposing buyers to the risk of secondary sanctions.

If the tankers fail to arrive before the deadline, they may idle offshore while owners consider next steps, which could include ship-to-ship transfers or diversions to alternative locations such as Malaysian waters or even China.

The clock is ticking for India-bound tankers carrying millions of barrels of crude from blacklisted Russian suppliers Rosneft PJSC and Lukoil PJSC, with the US wind-down period for sanctions expiring this Friday. According to data from Kpler Ltd, at least 7.7 million barrels of Russia’s Urals crude linked to the two sanctioned producers are set to reach India after US restrictions take effect on 21 November. This raises concerns over whether the shipments will be able to discharge smoothly once the deadline passes. Most of the tankers are headed to Reliance Industries Ltd’s Jamnagar refinery or Nayara Energy Ltd’s Rosneft-linked Vadinar port, with expected delivery dates spanning late November to December. Shipping destinations, however, can change mid-voyage. Oil traders are closely monitoring flows of sanctioned Russian crude to India, a major customer, to gauge its demand for alternative supplies. New Delhi has faced increasing pressure from Washington, which argues that continued purchases support Moscow’s war effort in Ukraine. Five of India’s seven refiners, including Reliance, earlier said they would stop taking delivery of Russian crude after 21 November. State-run Indian Oil Corporation will continue buying non-sanctioned grades, while Nayara Energy — which depends entirely on Russian cargoes — is still lifting shipments. It remains unclear whether Indian companies have sought US exemptions to keep importing crude from Rosneft or Lukoil beyond the deadline. Hungary recently secured an exemption for Russian oil and gas, and Washington has granted limited waivers for select Lukoil transactions. From Friday, four of Russia’s largest producers — responsible for as much as 80 per cent of its crude exports to India — will fall under sanction, exposing buyers to the risk of secondary sanctions. If the tankers fail to arrive before the deadline, they may idle offshore while owners consider next steps, which could include ship-to-ship transfers or diversions to alternative locations such as Malaysian waters or even China.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Infrastructure Energy

04 May 2026

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Infrastructure Urban

04 May 2026

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..