India saved at least USD 7 billion in foreign exchange in 14 months by importing discounted Russian crude oil
In May 2023, India completed 14 months of ramping up discounted Russian crude oil imports. According to an exclusive report by the Indian Express, in this period, India saved at least USD 7.17 billion in foreign exchange. Data shows that the total oil import during this period was worth USD 186.45 billion. If India had paid the … Read more