The remaining companies are expected to continue considering purchases from non-sanctioned sellers. (Source: Bloomberg) Show Quick Read Summary is AI Generated. Newsroom Reviewed

A surge in bookings for oil tankers to bring cargoes from the Middle East to India points to higher import flows ahead, as sanctions on major Russian producers force the South Asian importer to seek alternatives.

So far this week, roughly a dozen vessels have been chartered to ship crude from countries including Saudi Arabia, Kuwait, Iraq and the United Arab Emirates and ferry it across the Arabian Sea, according to shipbroker reports. That’s a jump from the same time last month, when about four fixtures were seen.

These bookings include supertankers known as Very Large Crude Carriers as well as smaller Su

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