Bangladesh, April 15 -- Indias appetite for discounted Russian crude surged dramatically in March, underscoring New Delhis continued reliance on Moscow as a key energy supplier despite shifting global dynamics and ongoing geopolitical tensions. According to a report by the Center for Research on Energy and Clean Air (CREA), Indias crude oil imports from Russia more than tripled month-on-month, reaching $5.8 billion in March, up from $1.54 billion in February.
The sharp increase reflects a combination of rising global oil prices, expanded shipment volumes, and temporary policy adjustments in the international sanctions landscape. It also highlights the strategic balancing act by India as it navigates energy security concerns while maintai...
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