Data showed India’s Russian oil imports have begun to decline structurally as the government pushed for a more diversified oil import strategy from Gulf and other sources.
Tag: diversification
India Ranked Among Top Countries for Export Diversification Beyond US to Europe Africa LatAm
India has successfully diversified its export markets beyond the United States to Europe Latin America and Africa reducing the country’s risk exposure to any single trading partner.
India Increases Oil Imports From Venezuela Brazil Angola and Nigeria to Offset Shortfalls
Indian refiners diversified crude sources in April and May to compensate for supply disruptions linked to the Iran war.