Bloomberg told how India buys cheap Russian oil and processes it for the West
THIS MATERIAL (INFORMATION) IS PRODUCED AND DISTRIBUTED BY A FOREIGN AGENT OF THE BELL OR IS RELATED TO THE ACTIVITIES OF A FOREIGN AGENT OF THE BELL. 18+ India's role in the global oil market continues to grow. Mainly due to cheap Russian oil, which it refines and sells to the US and Europe. What's happened? As the West tightens sanctions, India is becoming more important in the global oil market, says Bloomberg.