Indian refiners have reportedly stopped dealing with tankers and entities that have been sanctioned by the US. However, the country does not expect any disruption to Russian oil imports during a two-month wind-down period,

Chinese and Indian refiners are seeking alternative fuel supplies as they adapt to severe new U.S. sanctions on Russian producers and tankers that are designed to curb the revenues of the world's second-largest oil exporter.

India intends to abandon oil tankers that have been sanctioned by the United States because of their role in transporting goods for Russia, which is another example of the impact of Washington's measures on the global oil market.