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this is a photo of the SCF primoria tanker at the Port of Marcus Hook Pennsylvania the ship used to frequent American and European ports but recently the 84 000 ton vessel has been sparred off the coast of India after traveling there from Russia ing to ship tracking data India used to buy almost no Russian oil simply because of the long distance from Russia's Sea ports to India that changed after moscow's invasion of Ukraine in February we're Banning All Imports of Russian Oil and Gas and energy after the West announced sanctions an unprecedented amount of Russian oil has been heading to China India and other countries that have ramped up purchases at a discounted price for Russia that means more Revenue than ever before as much as 20 billion dollars in average monthly oil sales this year compared to 14.6 billion dollars last year so here's how Russia's economy is getting help from oil trade with China and India before the war the European Union was the largest consumer of Russian crude spending the equivalent of more than 48 billion dollars on it last year a ban on almost 90 percent of all Russian oil imports by the end of the year as the EU scales down purchases other countries have negotiated deals to buy from Russia this map shows some routes that Russian oil travels on board tankers like the SCF primordier to the Middle East and Asia because of the reluctance of the EU and other buyers to take Russian oil is selling at a discount Laurie milibita is a lead analyst of the finland-based center for research on energy and clean air the organization has been tracking Russian oil shipments since the invasion you can get a barrel of Russian oil at about 30 percent less than than other type of oil and that's a big incentive to switch to using Russian oil when that's possible for example China which had already been the largest single buyer of Russia's crew before the war has ramped up Imports in August China bought over 1 million barrels a day almost doubling what it bought in February while Beijing didn't openly support Moscow and its invasion of Ukraine and commodity Watchers say China is mostly buying the soil because of its low price this Business Partnership has become very important for the Kremlin and India has also become a huge market for Russia in June it had increased Imports of Russian oil by more than 25 folds since the start of the war and those Imports were carried by tankers like this one in this satellite image captured off the coast of India as a an alternative fire India has been significant it's the largest single increase in uh imports from Russia since the start of the war the demand from China and India along with high oil prices have boosted Russia's energy sales even if it exports slightly less oil overall but it doesn't mean Moscow no longer needs the West Europe still buys more than 50 percent of Russia's energy resources and new sanctions could further threaten those sales in September the G7 agreed to impose a price cap on Russian oil the plan would ban Russian crude shipments from getting services like insurance from G7 countries if the oil is sold over a certain price and since more than half of the vessels that carry Russian oil are owned by EU companies analysts say such a price cap could reduce the cash flow from Moscow Russian oil imports is still completely reliant on the use of the European capacity to move oil and if Europe really ends up imposing a full ban on Russian oil imports like it has proposed higher demand in Asia is unlikely to compensate for the loss of Russia's biggest export Market China is already buying everything more or less that Russia can ship to the Pacific Market and India is buying less than 10 of of the oil in total so still dwarfed by Europe still the strong demand for Russia's oil by some of the world's biggest economies has the potential to take the sting out of Western sanctions and unless stronger measures are taken this might mean more long-distance Journeys for the SCF premorier