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Venezuela third largest supplier of crude to India in May
India's crude oil imports see a significant shift this May. Venezuela has become the third-largest supplier, surpassing Saudi Arabia and the US. This surge is due to Indian refiners, like Reliance Industries, buying more of Venezuela's cost-effective, heavy crude. Overall imports are up, though still below pre-Iran war levels. Supplies from Saudi Arabia have decreased.
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economictimes.indiatimes.com
Venezuela third largest supplier of crude to India in May
India's crude oil imports see a significant shift this May. Venezuela has become the third-largest supplier, surpassing Saudi Arabia and the US. This surge is due to Indian…
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timesofindia.indiatimes.com
Hormuz crisis: Venezuela becomes India’s third-largest crude oil supplier in May
Venezuela has emerged as India’s third-largest crude oil supplier so far in May, overtaking Saudi Arabia and the United States, as Indian refiners increased purchases of cheaper…
