India now depends on Russia for 40% of its crude oil imports
During the past three months, India has relied on Russia for 40% of its seaborne crude oil import. Year-to-date, volumes have reached an average of 1.6 million barrels per day (mbpd), an increase of 1000% compared to 2021, before Russia invaded Ukraine.
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Posted:
07 August 2024
BIMCO's Shipping number of the week
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