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Oil infra hit by Ukraine, Russia gets 70% of its fuel from India

Asia-Pacific 1 source 1 country 🔦 Under-reported 24m ago

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
Read the full story at the source Times of India · IN
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