It’s back to Russian oil for India: Moscow to retake Delhi top spot while Trump fights Iran
After gradual cuts over the past six months or so, Russia is now clawing back to the top position among oil suppliers to India. Iraq overtook it in February, but the March data looks set be wholly different, news agency Reuters reported on Friday, March 20. Thw turnaround comes after the US was forced to waive sanctions on Russian supplies at a time when Donald Trump’s war on Iran, which has spread to wider West Asia/Middle East, and has brutally upset the global crude market.
Indian refiners had begun reducing Russian oil intake from November-December, analysis data showed.
