India bought 1.96 barrels per day (b/d) of Russian oil in April, the highest since July 2023. The newspaper writes about this Indian Express with reference to data from analytics agency Kpler.
Supply volume increased by approximately 19% compared to March. As of the end of the month, the share of Russian raw materials in India’s total oil imports was 40.3%.
Washington at the end of February contributed It blacklisted Russian state shipping company Sovcomflot and 14 tankers involved. After this, Indian oil refineries became operational. to reject from deliveries by Sovcomflot tankers for fear of secondary sanctions. However, the pause was short-lived. Ship tracking data shows at least two Sovcomflot tankers spilled oil at Indian ports last week.
Previously Sovcomflot renamed tankers are subject to US sanctions in honor of Russian cities.
What are you thinking?
Source: Gazeta

Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.