US-Iran war impact: India’s Russian oil imports may touch all-time high in June

With a US sanctions waiver in place for three months, India stepped up Russian crude oil procurement, and import levels touched near all-time highs.

According to analysis of data by Sumit Ritolia, Manager Modelling and Refining at Kpler, India’s crude imports from Russia could hit an all time high of 2.35 million barrels per day in June. ...