Russia’s flagship Urals blend is trading at a $5 discount to dated Brent following the latest round of EU sanctions and President Trump’s decision to impose additional tariffs of 25% on Indian imports as punishment for India’s decision to continue buying Russian oil. Following these latest moves by the EU and the U.S., Indian refiners started reducing their intake of Russian crude, which has affected prices, energy analytics provider Kpler reported this week, noting that Indian oil buyers were ramping up purchases of U.S. crude…