India has emerged as a major buyer of Russian oil over the past year, after Moscow’s invasion of Ukraine triggered Western sanctions, forcing Russia to offer its crude at discounted rates.
The South Asian nation imported more oil from Russia than ever before in April, according to data from Vortexa, a ship tracking company.
In fact, Moscow became the top supplier of crude oil to India last month, with Russian supplies greater than those from Iraq and Saudi Arabia combined.
Before the war in Ukraine began in February last year, India bought very little oil from Russia.
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