India’s $13 Billion Oil Savings from Russian Imports Amidst Global Geopolitical Dynamics
In the backdrop of the ongoing Russia-Ukraine conflict, India has emerged as a significant beneficiary, saving a staggering $13 billion through its increased imports of crude oil from Russia. This substantial windfall, as highlighted by a study from the Investment Information and Credit Rating Agency (ICRA), has significantly impacted India’s oil import dynamics and economic…



