India buys record 2.6 mbd Russian crude oil, refines some of it and now sends it back as petrol: why one of world’s biggest oil suppliers Russia has been forced to import 1 million barrels in 2 months from India
India has become an important source of gasoline, or petrol, for Russia. There is a strange irony to the situation. Russia, known to be one of the world’s biggest oil exports and a country among the top 10 with highest crude reserves, is being forced to import petrol. What’s even more interesting is that the […]
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