India Allows More Russian Ship Insurance as Oil Imports from Moscow Soar

India has recently raised the number of Russian insurers allowed to provide protection and indemnity (P&I) cover for ships docking at Indian ports, as Indian refiners are once again boosting imports of Russian crude thanks to a U.S. waiver. The number of Russian insurers eligible to cover marine indemnity and protection has been raised to 11, up from eight previously, India's Directorate General of Shipping has said, as carried by Reuters. India has recently allowed new Russia-based insurers to...