A tanker transporting Russian crude oil to India has changed its course and is now adrift in the Baltic Sea after the U.S. imposed sanctions on Rosneft and Lukoil, as reported by Bloomberg on Wednesday.
This unexpected action seems to indicate increasing disruptions in Russian oil exports as a result of the recent restrictions, which have led Indian refiners to halt their purchases.
Data from Kpler and Vortexa reveal that the Furia took on approximately 730,000 barrels of crude from Rosneft at the Primorsk port in the Baltic on October 20, setting its destination for Sikka in Gujarat, India—a region where refineries operated by Reliance Industries and Bharat Petroleum are located.
The vessel was projected to reach its destination in mid-November.
However, while navigating between Denmark and Germany on Tuesday, the Furia unexpectedly altered its path, significantly reduced speed, and eventually stopped, according to Bloomberg.
Following the U.S. sanctions, which mandate that all dealings with Rosneft and Lukoil should conclude by November 21, Indian refiners have suspended their imports of Russian crude.
Reliance, the largest purchaser of Russian oil in the country, has confirmed its adherence to the sanctions.
Additionally, state-owned refiners are beginning to reduce their shipments, which typically involve transferring cargo ownership to the purchaser upon arrival at the destination port.
In recent days, Reliance has increased its orders for crude from the Middle East, while Russian suppliers will need to find new buyers or wait for new payment and shipping methods to be established.
According to Bloomberg, the Furia has been placed on a blacklist by both the European Union and the United Kingdom.