India increased its Russian oil imports in April and May by more than 400,000 barrels per day

India crank up russian oil imports The Russian Central Bank said on Tuesday that 4.7 times in April-May, or more than 400,000 barrels per day, on an annual basis, thanks to the discount rate.

Indian refiners have begun to snap up relatively cheap Russian oil, which Western companies and countries have shunned since sanctions were imposed on Moscow over what it called a “special military operation” in Ukraine.

The central bank also said that China increased the Russian oil 55% purchases in May Russia It overtook Saudi Arabia as the largest seller of oil to China.


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