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    Russian oil dominates India’s oil imports; share of Iraq, Saudi Arabia, UAE and US falls

    April 9, 2024 - By how finance works

    Russia dominated India’s oil imports in 2023-24 regardless of lowering reductions on oil and sanctions from G7 nations for its actions in Ukraine. In keeping with vitality cargo tracker Vortexa, Russian oil now accounts for 35% of India’s whole imports, up from 23% the earlier 12 months.In the meantime, different…

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  • Business Finance

    China pips India to grow to be largest purchaser of sea-borne Russian crude at deeply discounted costs

    April 4, 2024 - By how finance works

    China pips India in shopping for Russian oil! India is not the highest purchaser of seaborne Russian oil. The nation has been compelled to reject some cargoes of sea-borne Russian oil due to sanctions. China is now lapping oil from Russia at deeply discounted charges. In March, China outpaced India…

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