India’s crude import cost goes up! Share of Russian oil declines; alternatives more expensive
India’s crude oil import costs are rising as its reliance on discounted Russian oil declines. While Russia remains the largest supplier, its share has slightly decreased, leading to higher premiums from alternative sources. This shift impacts refiners’ margins as geopolitical pressures mount.🕒 1 min read
India’s crude oil import costs are rising as its reliance on discounted Russian oil declines. While Russia remains the largest supplier, its share has slightly decreased, leading to higher premiums from alternative sources. This shift impacts refiners’ margins as geopolitical pressures mount.
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