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Times of India·2 min read·medium

India remains number 2 Russian oil buyer in May

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India remains number 2 Russian oil buyer in May
AI Summary

India maintained its position as the second-largest buyer of Russian crude oil in May, with imports increasing by 7% compared to April. The report from the Centre for Research in Energy and Clean Air notes that crude oil accounts for the vast majority of India's Russian hydrocarbon imports.

Why it matters

India's continued energy trade with Russia remains a significant factor in global energy markets and geopolitical relations amidst ongoing sanctions.

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India remains number 2 Russian oil buyer in May | India News - The Times of India

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Political Bias
Center
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Confidence: 85%

The article provides data-driven reporting on trade statistics without editorializing on the geopolitical implications.

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