Geopolitics & Trade Relations - US President Donald Trump is pressuring India to cease purchasing Russian oil [1] - This action is testing India's relationships with both the US and Russia [1]

Exclusive: U.S. sanctions make it nearly impossible to pay Iran for its oil. China has figured out how to do it anyway, in an arrangement that has largely been secret. https://t.co/18U7FNXtpn ...

Some terminal operators at China’s Qingdao Port will impose new restrictions on old tankers, a move seen as targeting vessels that carry sanctioned oil from Iran and other sensitive suppliers https://t.co/cSS6Y1YOvn ...

Oil traders are rushing to grab supertankers to haul crude on a key route from the Middle East to Asia, bolstering earnings to the highest level in two-and-a-half years https://t.co/K6vi8SALyn ...

India’s state-run refiners have returned to buying Russian oil after a brief pause, despite the South Asian nation facing higher tariffs for the trade and a volley of criticism from Trump officials https://t.co/dxzpGTUHpF ...

Geopolitical Risk - US-India tensions are escalating due to India's involvement with Russian oil [1] - India's shipbreaking hub, Alang, is dismantling US-sanctioned tankers, creating a new point of conflict in the US-India relationship [1] Industry Impact - The dismantling of US-sanctioned tankers in Alang presents a potential challenge to international sanctions enforcement [1]

Market Dynamics - Some of China's largest ports have received Iranian crude this year [1] - This supports a multi-billion dollar oil trade [1]