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India Bought $5.14 Billion Russian Oil In June Despite Pressure. Here's Why
in5points
India imported $5.14 billion worth of Russian oil in June.
Indian refiners increased purchases from Russia and Latin America.
Middle East oil imports to India fell sharply during the same period.
India continues to buy Russian oil despite international pressure over Ukraine.
The purchases help India secure cheaper energy while managing trade ties.
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Who owns this?
Adani Group
Gautam Adani
Acquired by Adani Group in 2022 from the founders.
Wikipedia: Gautam Adani