OREANDA-NEWS Threats by US President Donald Trump to impose secondary sanctions on Russian oil supplies if Moscow does not prove its ability to negotiate over the Ukrainian crisis have forced Indian companies to look for alternative suppliers. This is reported by Bloomberg with reference to traders who received notifications about tenders.

State-owned Bharat Petroleum and Hindustan Petroleum are also active. They are trying to negotiate the purchase of raw materials extracted in the Middle East, the North and the Mediterranean Seas.

According to the newspaper, before Trump's statements, India's private and state-owned refineries were confident that Russian oil supplies were no longer in danger. The sanctions against the shadow fleet, which were approved in January by the administration of the previous US President Joe Biden, were able to be circumvented.