India’s Russian oil buy is now more than Saudi, UAE, Iraq and US combined

India’s import of cheap Russian oil is now more than the combined amount bought from Saudi Arabia, Iraq, UAE and the US, industry data showed.

India took 1.96 million barrels a day from Russia in May, 15% more than the previous high in April, according to data from energy cargo tracker Vortexa.

The imports from Russia are now more than the combined purchases from Iraq and Saudi Arabia — India’s biggest suppliers in the last decade — as well as UAE and the US.

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