India ‘Cashes In’ On Russia’s Oil ‘Crisis’: How Ukraine’s Drone Strikes Are ‘Helping’ India

India has leveraged the disruption caused by Ukraine’s intensified drone attacks on Russian oil refineries, which have significantly reduced Russia’s processing capacity and created bottlenecks in global supply.With Russia forced to offload crude at even steeper discounts, India has sharply increased its intake, ensuring both cost savings for its refiners and strong refining spreads at a time of
India has leveraged the disruption caused by Ukraine’s intensified drone attacks on Russian oil refineries, which have significantly reduced Russia’s processing capacity and created bottlenecks in global supply.With Russia forced to offload crude at even steeper discounts, India has sharply increased its intake, ensuring both cost savings for its refiners and strong refining spreads at a time of
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