Hormuz oil shock sends India back to Russia: Is this a peak or the new normal?
Russia has emerged as the dominant supplier of crude oil for India - with imports touching over 240 million barrels in the four months since the US-Iran conflict began. In fact, crude imports from Russia are over 4 times the nearest supplier - UAE at over 58 million barrels.
Russia has emerged as the dominant supplier of crude oil for India - with imports touching over 240 million barrels in the four months since the US-Iran conflict began. In fact, crude imports from Russia are over 4 times the nearest supplier - UAE at over 58 million barrels.
