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Largest buyer of Russian seaborne crude
April 13 , 2024
23 days
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- China has overtaken India as the primary importer of Russian crude oil via sea routes.
- In March, China imported 1.82 million barrels per day (bpd) of Russian crude by sea, surpassing India's 1.36 million bpd.
- Additionally, China also receives Russian oil through pipelines.
- India's recent slowdown in Russian crude imports is attributed to various sanctions and rising prices.
- India's Russian imports surpassed those from other countries, including Iraq and Saudi Arabia.
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