During the past three months, India has relied on Russia for 40% of its seaborne crude oil import.
Year-to-date, volumes have reached an average of 1.6 million barrels per day (mbpd), an increase of 1,000% compared to 2021, before Russia invaded Ukraine,” stated Niels Rasmussen, Chief Shipping Analyst at BIMCO.
The increased import of Russian oil has contributed to a higher average sailing distance for crude oil tankers discharging in India. Year-to-date, the average sailing distance has risen by...
https://container-news.com/india-now-depends-on-russia-for-40-of-its-crude-oil-imports/