From an island fort outside the heart of historic Mumbai, visitors can spot giant oil tankers unloading their cargoes to two refineries on the city’s southeastern coast. Up until a year ago, those ships would almost certainly have been hauling crude from one of a dozen mainstay suppliers — the Middle East, the US and West Africa. Today, the oil is more likely to be Russian.
Moscow accounted for 46 per cent of India’s oil imports last month, according to data from analytics firm Kpler, a staggering leap from less than 2 per cent before the invasion of Ukraine. In absolute terms, May marked a high. Granted, China, too, has taken far more Russian crude over the past year,
