In August, Russia imported record levels of oil products following Ukrainian strikes on its oil infrastructure, with Indian exports accounting for nearly seventy percent of these shipments. The gasoline supplied to Russia was produced from Russian crude processed at a shared refinery.
While India continues to be the second-largest importer of crude oil globally from Russia, this milestone highlights a circular energy trade dynamic where Russian crude is refined abroad and returned to meet domestic Russian fuel demands.
In-depth summary · AI, neutral