India, Oct. 21 -- The first part of this series explained how Russia was a marginal source in India's energy trade until the Russia-Ukraine war in 2022, and how India's switch to buying Russian oil actually stabilised global markets. The arrangement, even with India gradually reducing its Russian imports was working fine until the current war in West Asia began. The period since has added to the difficulties for everybody, India included, in energy trade.

Published by HT Digital Content Services with permission from Hindustan Times....