According to data from energy cargo tracker Vortexa, Russia became India’s top oil supplier in October, surpassing traditional sellers Saudi Arabia and Iraq.
Russia, which accounted for just 0.2 percent of all oil imported by India in the year ended March 31, 2022, shipped 935,556 barrels of crude oil per day (bpd) to India in October – a record high.
It now accounts for 22 percent of India’s total crude oil imports, ahead of Iraq’s 20.5 percent and Saudi Arabia’s 16 percent.