Indian imports of Russian oil leap by 1,000% since start of full-scale invasion of Ukraine

India now depends on Russia for 40% of its crude oil imports, according to new analysis from shipping organisation BIMCO, something that has had a notable impact on the aframax and suezmax trades in particular.  “Year-to-date, volumes have reached an average of 1.6m barrels per day, an increase of 1,000% compared to 2021, before Russia …

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