A Crude End To India’s Russian Oil Fest? – Analysis
By Aditya Bhan
Amidst the ongoing conflict with neighbouring Ukraine, Russia’s Finance Ministry stated that revenues from oil exports declined 46 percent on-year in January, with discounts of US $15-20 per barrel offered to buyers in China, India, and Türkiye. In addition, the shipping cost of US $15-20 per barrel is...