India increases the volume of oil purchases from Russia at a discount, and provides fuel to European Union countries and the United States after processing. It has been reported Bloomberg.
According to the agency, India’s actions are consistent with the goal of Western countries, which is to reduce Russia’s revenue from the sale of energy resources, while at the same time avoiding problems with interruptions in oil supply. Therefore, India is not criticized for collaborating with Russia.
According to Kpler analysts, India shipped about 89,000 barrels of gasoline and diesel per day to the US in January, the highest in four years. At the same time, the supply of low sulfur diesel to EU countries this month amounted to 172,000 barrels per day.
Formerly Vortexa knowledgeableIn January 2023, Indian refineries received record volumes of Russian oil. They bought 1.27 million barrels of this raw material each day, which was 6% more than in December.