Russia overtook Iraq as the biggest oil supplier to India last month as price cap measure diverts crude flows

Dec 14 2022 by Business Insider

 

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Russia overtook Iraq to become the premier oil supplier to India in November according to Reuters.  Russian flows to India jumped 4% from October to November, an increase of 908,000 barrels per day.  Russian oil made up 24% of India's overall imports last month. 

Russia overtook Iraq as the premier oil supplier to India in November ahead of a pending price cap on Moscow's crude set to take hold next month. 

India's imports of Russian crude climbed 4% from October to November,...

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