Desperate for buyers, Russia throws India its biggest oil discounts yet (INFOGRAPHIC)
The price gap more than doubled in a month, from $3 to $7 per barrel.
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India oil imports
4 posts
Russia’s ghost fleet circles the oceans as buyers vanish
Major oil refineries in India and China increasingly refuse Russian deliveries.
EU sanctions hit, but India’s Russia-linked refiner bounces back in 60 days
Two months after EU sanctions, Russia-linked Indian refiner rebounds with government help.
India holds up mirror to West: Stop your Russian oil deals before demanding ours
Under pressure from the US, India insists its energy strategy is economic necessity, not political choice, and calls out Western double standards.