India’s imports of Russian oil explode – Economic Times ...News

Crude supplies have reportedly surged by a multiple of 50 since April Sales of Russian oil to India have multiplied by at least fifty times in the last three months, and now make up 10% of the nation’s total imports, according to a senior government official quoted by The Economic Times. “It is now among the top 10 suppliers,” the official told the Indian business daily on Thursday. Western sanctions on Moscow have created an opportunity for Indian refiners to increase purchases of Russian oil at discounted prices, while some European customers have been shunning crude purchases from Russia. Prior to the conflict

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