U.S. Oil Exports to India Jump Amid Sanctions on Russia ...Middle East

OILPRICE - Economy
U.S. Oil Exports to India Jump Amid Sanctions on Russia
source : OILPRICE ( Middle East ) () 162
The United States exported in February the highest crude oil volumes to India in more than two years as Indian refiners scramble for alternative supply after the latest U.S. sanctions on Russia’s oil trade. Last month, U.S. crude oil exports to India jumped to 357,000 barrels per day (bpd), according to vessel-tracking data from Kpler cited by Reuters. To compare, American crude exports averaged about 221,000 bpd throughout 2024. India, the world’s third-largest crude oil importer, turned to alternative supply after the January 10 U.S.…

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