Russian oil imports to India have reached a two-year high as Indian refiners take advantage of competitive pricing. This surge reflects India's strategic shift following the Hormuz crisis, seeking cost-effective energy solutions. The trend highlights how geopolitical changes are reshaping global energy trade dynamics for the world's third-largest oil consumer.
Russian oil imports to India have reached a two-year high as Indian refiners take advantage of competitive pricing. This surge reflects India's strategic shift following the Hormuz crisis, seeking cost-effective energy solutions. The trend highlights how geopolitical changes are reshaping global energy trade dynamics for the world's third-largest oil consumer.