Moscow has remained New Delhi’s top supplier for months due to significant discounts it offers on its crude India has saved billions of dollars on oil imports in the past two years by purchasing discounted crude from Russia, the Times of India reported on Tuesday, citing data compiled by ICRA Research ratings agency. The country saved an estimated $5.1 billion on oil imports in the 2022-23 financial year, and a further $7.9 billion in the first 11 months of 2023-24, according to the report. Analysts explained that the savings were due to increased purchases of Russian oil. Moscow began offering large discounts on
Hence then, the article about russian oil helping india save billions research was published today ( ) and is available onRussia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Russian oil helping India save billions – research )