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The Economic Times
The Economic Times
Business

In reverse flow, India now supplies petrol to energy powerhouse Russia

India has emerged as an unlikely source of petrol for Russia as the prolonged conflict with Ukraine continues to disrupt Moscow's refining infrastructure, creating fuel shortages despite the country's position as one of the world's largest crude oil producers and refiners.

Recent trade flows have indicated that petrol produced in India has reached Russia through international trading channels rather than through direct sales by Indian refiners, ToI reported on July 11. The development highlights how shifts in global energy markets and sanctions have reshaped petroleum trade routes since the outbreak of the Russia-Ukraine conflict.

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