Russia to India: Oil Imports Triple!
Massive quantities of crude oil are flowing from Russia to India. Compared to February, imports in March tripled, reaching a value of 5.3 billion Euros (approximately ₹58,000 crore). The cost of imports surged due to a doubling in volume combined with rising prices. Imports of fossil fuels (such as oil and coal)—which stood at 1.8 billion Euros in February—soared to 5.8 billion Euros in March. Notably, crude oil products alone accounted for 91% (€5.3 billion) of this total.
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