IEA: 80% Russian oil exports went to India, China in May
India and China guzzled almost 80% of Russian crude exports in May as the global oil flow changed direction under G7 and European energy curbs on Moscow, according to the International Energy Agency. “India has increased purchases from almost nothing to close to 2 mb/d (million barrels per day), while China has raised liftings by 500 kb/d (kilo barrel per day) to 2.2 mb/d. In May 2023, India and China accounted for almost 80% of Russian crude oil exports. In turn, Russia made up 45% and 20% of crude imports in India and China, respectively,” the agency’s 2022-28 market analysis and forecast said.
|
||||||
|
||||||
|
||||||
💡 newsR Knowledge: Other News MentionsG7 Intergovernmental political forumProtesters call for climate action ahead of G7 meeting in Turin Credit: FRANCE 24 English Duration: 01:26Published Protests erupt in Italy as G7 ministers meet to discuss climate crisis Credit: euronews (in English) Duration: 00:35Published PM Modi speaks to Italian counterpart Giorgia Meloni, thanks her for G7 summit inviteIndian PM Narendra Modi recently had a phone call with Italian PM Giorgia Meloni to mark Italy's 79th Liberation Day. Modi expressed gratitude for the G7 Summit..IndiaTimes What we know so far about apparent Israeli attack on Iran Credit: euronews (in English) Duration: 01:56Published Moscow Capital and largest city of RussiaWar in Ukaine: Zelensky says Moscow targeted gas facilities that secure EU supply Credit: FRANCE 24 English Duration: 01:13Published Russian Deputy Defense Minister Arrested in Moscow over Bribery Charges, Details Here| Oneindia News Credit: Oneindia Duration: 02:12Published Russian forces gain ground in eastern Ukraine Credit: euronews (in English) Duration: 01:22Published Ukrainian army damage ship in port-city of Sevastopol by the Black Sea Credit: euronews (in English) Duration: 01:02Published Russia Floods: Kremlin Issues New Warning to Kazakhstan as River Levels Surge| Oneindia News Credit: Oneindia Duration: 02:28Published You Might LikeRelated videos from verified sources
|