India & China Turn Saviours For Russia Amid Western Sanctions, Purchase 80% Of Russian Oil In May

Published on Jun 16, 2023 06:05 pm IST

World's top oil users, India and China, continue to ramp up import of discounted Russian crude oil. According to the latest International Energy Agency report, India and China bought as much as 80% of the oil that Moscow exported in May. India has increased its Russian crude purchases from almost nothing to close to 2 million barrels per day. Russian oil exports are witnessing a boom despite Western sanctions. Watch this video for details.

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