India's Russian oil imports drop amid US sanctions
after close1 source ↓written by the desknot a recommendation
- sanctions effective
- 21 Nov
- imports averaged
- 1.8 million bpd
- of total crude
- 35%
India's imports of Russian oil fell by nearly a third following stringent US sanctions effective from 21 Nov. In November, imports averaged 1.8 million bpd, accounting for over 35% of total crude imports. Analysts predict further declines as refiners seek alternatives to comply with sanctions. 📉
Not investment advice. For informational purposes only.