Russian oil finds its way to Europe via India; India now biggest exporter of fuel to EU

Russian oil finds its way to Europe via India; India now biggest exporter of fuel to EU

India’s export of fuels like diesel to the European Union jumped 58% in the first three quarters of 2024, with a bulk of them likely coming from refining discounted Russian oil, according to a monthly tracker report. The EU/G7 countries in December 2022 introduced a price cap and an embargo on the imports of Russian … Read more