India’s Russian Coal Imports Set To Stutter

As Moscow’s military operation in Ukraine falters against a counteroffensive, war chest revenues from fossil fuels may take another hit as India’s imports of Russian thermal coal look set to fall for the first time in four months.  In a note to clients cited by Reuters, Coalmint now says it expects India’s September imports of Russian thermal coal to drop by 30% from the previous month to 1.4 million tonnes.  A second consultancy, DBX Commodities, told Reuters that Indian shipments of power generation fuel should drop…