Oil’s new map: How India turns Russia crude into the West’s fuel

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Times of India 1 mo ago

Oil’s new map: How India turns Russia crude into the West’s fuel - Times of India

Quick Summary:

India Business News: India is playing an increasingly important role in global oil markets, buying more and more cheap Russian oil and refining it into fuel for Europe and.

India shipped about 89,000 barrels a day of gasoline and diesel to New York last month, the most in nearly four years, according to data intelligence firm Kpler.

Yet New Delhi has faced little public blowback because it’s meeting the West’s twin goals of crimping Moscow’s energy revenue while preventing an oil supply shock.