
Russian oil dominates India’s oil imports; share of Iraq, Saudi Arabia, UAE and US falls – Times of India
[ad_1] Russia dominated India’s oil imports in 2023-24 despite decreasing discounts on oil and sanctions from G7 nations for its actions in Ukraine. According to energy cargo tracker Vortexa, Russian oil now accounts for 35% of India’s total imports, up from 23% the previous year.Meanwhile, other major suppliers like Iraq, Saudi Arabia, UAE, and the…