India replaced China in importing oil from Russia
According to Webangah News quoted by Mehr News Agency quoted Rashatudi, official data shows that India recorded the highest amount of oil imports from Russia in July.
In this way, India has surpassed China as the largest importer of Russian oil in the world.
According to Rashatudi, New Delhi has increased its purchase of crude oil from Russia due to discounts offered by Moscow. This action of Russia to change its export destinations was done in response to Western sanctions.
India’s commercial cargo data shows that Russian crude oil accounted for 44% of India’s total imports last month, reaching a record 2. It has reached 07 million barrels per day. This amount of Indian oil import is 4.2% more than the amount of June.
Chinese customs data also indicate that China’s oil imports from Russia through pipelines and cargo in July amounted to 1.76 million barrels per day. has been According to these data, the decrease in the purchase of Chinese refineries is due to the lower profit margin caused by fuel production.
