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US Sanctions Law Threatens India's Russian Oil Trade
OilPrice.com·US · IN · RU·3 days ago
Financial Times reports that traders linked to Rosneft have moved at least $2 billion through the A7 payment network, a system created to circumvent Western sanctions. The scale of flows suggests sanctions evasion is systemic and operational, not ad hoc. This raises questions about the effectiveness of existing enforcement and may prompt further sanctions or regulatory action.