Energy

Russian Oil Flows to India Plunge to 310,000 Bpd

India is reducing its imports of crude oil from Russia, but mostly not because of the U.S. tariff threat for buying Russian oil. Economics have always been driving Indian refiners’ purchases, and the past few weeks haven’t been different. Russia is scaling back imports of Russian oil as the price o

Source: OilPrice.com

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DW NOTE

India imported 600,000 bpd from Russia as recently as last year. The fall to 310,000 bpd isn't a policy shift — it's arithmetic. With Hormuz closed and Brent at $99, discounted Urals no longer clears the shipping premium. Delhi bought Russian crude to save money, not to make a point.

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