Oil & Gas

US Top Buyer of India’s Russian Crude Petroleum Goods – Mint


The United States became the top buyer of India’s refined petroleum goods in November, a majority of which were processed from sanctioned Russian crude, according to a Mint report that cited data from India’s commerce ministry.

India sold crude products worth $588 million to the US in November after snapping up sanctioned Russian oil at deep discounts and below the price cap imposed by the US and Europe.

Read the full story: Mint


Also read:

India Free to Buy All the Russian Oil it Wants, Yellen Says

India’s Imports of Russian Oil Surge by 570% – Nikkei

AF TV: India Likely Selling Sanctioned Russian Oil to the West

Indian Firms Using UAE, Asian Currencies to Buy Russian Coal



Vishakha Saxena

Vishakha Saxena is the Multimedia and Social Media Editor at Asia Financial. She has worked as a digital journalist since 2013, and is an experienced writer and multimedia producer. As a trader and investor, she is keenly interested in new economy, emerging markets and the intersections of finance and society. You can write to her at vishakha.saxena@asiafinancial.com

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