'Europe bought Russian oil via India at record rates in 2023 despite Ukraine war' - Times of India
m.timesofindia.com
Europe News: NEW DELHI: In 2023, Europe saw a significant increase in its imports of refined oil from India, coinciding with a notable rise in India's imports of R.
  • DessertStorms
    300·
    9 months ago

    Capitalism isn’t disrupted by war, it feeds on it.

  • Ugly Bob
    240·
    9 months ago

    No, no, see… They bought Indian oil from India. You know India, known for their oil reserves. Totally not Russian I tell you.

    • 4vr
      131·
      9 months ago

      India sells oil from India to EU and sells oil from Russia within India. Everyone happy except Ukraine.

      • ☆ Yσɠƚԋσʂ ☆
        40·
        9 months ago

        I’m sure Europeans are absolutely thrilled to be paying a huge markup on the oil they used to get directly from Russia.

  • JohnEdwa
    130·
    9 months ago

    “Record rates” to what we used to buy from India, which is almost nothing. EU oil imports from India increased from 111k barrels a day to 236k barrels a day, while we used to import something like 4.5 million barrels of oil per day straight from Russia.

    But writing “EU now imports 3% of the oil it used to from Russia through India” would hardly be news worth writing about.

    • intelshillOP
      30·
      9 months ago

      You’re comparing crude oil to refined products.

  • Stalins_Spoon
    60·
    9 months ago9 months ago

    India injected freedom & democracy into the oil