Russia, now India's 2nd largest oil supplier | World Business Watch | International News | WION

The situation between Russia and India on oil trade has changed within months of Russia Ukraine war. Now Russia has emerged as India's second biggest supplier of crude oil pushing Saudi Arabia to third position.

#worldbusinesswatch #crudeoil #indiarussia

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[deggabiola]

India is playing safe in the war in Ukraine to benefit much from Russian oil. It's a very nationalistic stand considering that it can also not afford to have a sour relationship with Russia in view of Chinese aggression in Ladakh. Very smart.

[SugarCoatedPills]

India is slowly moving away from middle east dependence post OIC support to terrorism and left ecosystem in India. Just watch Russia to be India's no 1 country in Oil imports thus keeping American, Indian and European left in tears. Its a perfect strike by Modi to all left ecosystems in the world moreso Indian left.

[ssreddysangana]

It's all about economics. Nothing too much should be read as we have good relations with most oil producing countries including many Arab countries. India-Russia oil trade is still in early days and is an option in a fast changing world.

[de-zt]

Europe is moving away from Russia for oil, India is moving away from the middle east for oil, times are changing

[devsanjay]

Long live India 🇷🇺 Russia 💪 friendship 👍👍👍

[deekshantbelwal]

India need to invest heavily on battery storage. Two and three wheeler market can be totally shifted to electric in next 2-3 years. We have plenty of Solar but battery storage is missing link.

[Sahuvinit]

India to West - our business is our business. none of your business 😂😂

[DevaAsuras]

If oic wants to put their nose in India's internal matters and try to hurt Indian interest then defiantly in near future Russia is gonna be India's biggest supplier.

[sanjaysanj]

Doesn't matter who supplies until n unless we get the supply in time n at reasonable price .. 👍😉👍

[randommedia]

Only 18% of india's monthly crude demand is now importing from russia, i hope it would reach around 50-60%

[ratatajk]

USA: We will bring democracy to India.

Don't you find it's strange that al Qaeda (the reason USA invaded Middle East) is now saying it's focusing on India?

[sigma-sigma]

It used to be said that Russia will not help India if there a war with china because china is a big trade partner of Russia, now situation has changed so much if there is any conflict between India and china, Russia would be first country to try to persaude china to stop the conflict with India.

[ajayharlalka]

Let Russian oil accounts for more than two-third of total Indian import. It's a good omen for future. OIC deserve big kick for funding islamic movement in India.

[aryaputram]

good news, because india is a growing economy so they need cheap oils.

[harishvishwa]

This one's for calling out India in public to apologize..

[mandarp]

India needs to increase cheap Oil import from Russia to cool down prices & inflation.

[elik]

India needs to find alternatives for crude oil and not to be dependent too much on OIC.

[JohnnyCatFitz]

Until the discount eventually ends that is.

[Jessica-ldik]

India vroom vroom vrooming all over the place ☺️👍

[binduramesh]

Buy and increase the strategic reserves to higher levels. Slowly reduce dependence on OIC.