Friday, 1 September 2023

India sees Russian oil imports ebbing as rival suppliers step up

India’s splurge on cheap Russian crude may be over, as New Delhi’s traditional suppliers in the Middle East step back in with attractive conditions.“Our dependence on Russian oil is going to decrease sharply,” oil minister Hardeep Puri said in an interview. “The cost viability from the Gulf is much more attractive now.”

from Times of India https://timesofindia.indiatimes.com/business/india-business/india-sees-russian-oil-imports-ebbing-as-rival-suppliers-step-up/articleshow/103279856.cms
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