Russia’s Oil Supplies to Keep India’s Tanks Full Amid Mideast Turmoil
For nearly three years, Russia has firmly established itself as India’s top crude oil supplier, consistently holding over a 35% share in the country’s oil import basket. This marks a dramatic shift from pre-2022, when Russian oil accounted for less than 2% of India’s imports.The transformation was driven by Western sanctions on Russia following the Ukraine conflict, which redirected discounted
For nearly three years, Russia has firmly established itself as India’s top crude oil supplier, consistently holding over a 35% share in the country’s oil import basket. This marks a dramatic shift from pre-2022, when Russian oil accounted for less than 2% of India’s imports.The transformation was driven by Western sanctions on Russia following the Ukraine conflict, which redirected discounted
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