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Russian Urals freight to India hits records; fuel impact is indirect

Freight for Russian Urals crude to India hit early-October records, reaching $27-$30 million per Black Sea voyage. That raises…

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In this short

  • Russian oil freight to India hits records — Record tanker costs are adding pressure to the delivered cost of crude, but no pump-price hike was announced.
  • Black Sea voyages cost more — Reuters reported this early-October one-way freight range for a Suezmax cargo moving from the Black Sea to…
  • Baltic freight also climbed — That was the reported average early-October freight for an Aframax cargo from Baltic ports to western India.
  • Drivers face indirect exposure — Freight can change landed crude economics, but retail fuel also depends on refining, taxes, exchange rates…
  • Watch dated pump prices — Use current petrol and diesel rates for trip budgeting instead of treating a shipping cost as a per-litre…
  • See what the freight surge means — Follow the route data, the limits of the report and the checks that matter for Indian fuel users.
  • Get the full breakdown — Sources, numbers and what to watch next.

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