India has granted marine insurance permits to four Russian firms. Now Moscow will not need the services of Western companies when transporting oil, as reported by Bloomberg. Russian companies VSK Insurance, Sogaz Insurance Co., and Alfastrakhovanie PCL have got a permit for marine insurance until February 20, 2025, and Ingrosstrakh Insurance Company’s permit was extended until March 2029. “Insurance coverage from all four providers is backed by state-run Russian National Reinsurance Co.,” the agency reported. Russia uses Western insurers for its tanker fleet that exports oil to India. However,…