India's Russian crude oil imports may hit 3M bpd

India's crude oil imports from Russia may reach a record 3 million barrels per day. This surge is driven by discounted Russian grades and strategic refueling needs. Indian refiners continue to benefit from lower procurement costs, boosting margins. Rising import volumes reflect India’s shift in energy sourcing post-Ukraine conflict.
📊 STOCKS: | 🏢 SECTOR: Energy | #MEDIUMIMPACT #CrudeOil