India expects to receive Russian oil for next two months, government source says

India, the world's third-largest oil importer and consumer, does not expect any disruption to Russian oil supply in the next two months as U.S.-sanctioned tankers are allowed to discharge crude until March, a senior government official said on Monday. The U.S. Treasury on Friday imposed sanctions on Russian oil producers Gazprom Neft and Surgutneftegaz, as well as 183 vessels that have shipped Russian oil, targeting revenue Moscow has used to fund its war with Ukraine. India will allow Russian oil cargoes booked before Jan. 10 to discharge at ports, the source told reporters on condition of anonymity.