This is a huge deal for India. They are the world’s second largest exporter of refined oil, and the largest in asia. This means a lot of buisness is about to shift to them. This is also after India has been negotiating cheap raw oil off Russia due to a combination of sanctions and the occasional case of exploding refineries leading to excess raw oil in Russia
This is a huge deal for India. They are the world’s second largest exporter of refined oil, and the largest in asia. This means a lot of buisness is about to shift to them. This is also after India has been negotiating cheap raw oil off Russia due to a combination of sanctions and the occasional case of exploding refineries leading to excess raw oil in Russia