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April 16
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India is increasing its purchases of Russian oil at a discount for sale to Western countries after refining, Bloomberg reported.

The agency learned that the country supplied about 89,000 barrels of gasoline and diesel fuel daily to the U.S. in January, which, according to Kpler analysts, is the highest level in four years.

This month India is supplying the European Union (EU) with 172 thousand barrels per day of low-sulfur diesel fuel.

According to the agency, New Delhi is aiming to prevent an oil supply shock after Western restrictions, but at the same time the actions are in line with a policy to reduce Russia's energy revenues.

It is expected that as sanctions tighten, India will take an increasingly important place in the world's oil product supply chain.

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