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Russian insurance shores up oil exports to top buyer India
Update / Judgement Date
18 Sept 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Russian insurance companies are bolstering their support for oil exports to India, which is a major buyer of Russian oil. This increased insurance coverage is crucial for securing the logistics and financial transactions associated with oil exports. The enhanced insurance measures are intended to mitigate risks and ensure a stable flow of oil supplies to India, reflecting the importance of insurance in facilitating international trade and maintaining robust trade relationships between Russia and India.