Indian fuel exports to Europe surge 2,500 times – report
Coronavirus
European countries are turning to New Delhi for petrochemicals after US-led sanctions cut them off from Russian energy supplies India’s exports of refined oil products to Europe have surged by 2,539 times since 2018, according to news website The Print, citing data from the Ministry of Commerce and Industry. The dramatic increase is attributed to post-COVID-19 supply chain challenges in Europe and India’s heightened imports of discounted Russian crude oil following the outbreak of the Ukraine
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