How India Is Now Europe’s Primary Diesel Supplier – Despite Being A Key Buyer Of Russian Oil
Zee Business Video Team | Updated: November 29, 2023 06:15 PM IST
In a surprising turn of events, Europe is now heavily reliant on diesel that may have originated from Russian crude oil, despite banning most oil shipments from Russia nearly a year ago. This video explains how India, a significant purchaser of Russian crude, is on track to export a record amount of diesel to Europe, filling a supply gap left by declining imports from Saudi Arabia and the US.