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The Economic Times
The Economic Times
Business

Russia is one of the world's top oil producers, so why is it still importing petrol from India

Russia, one of the world's biggest oil producers, is rationing petrol at home as Ukrainian drone strikes hit its oil refineries and disrupt fuel supplies, according to Aryan Singh's TOI report. The country continues to pump crude at near record levels even as pumps in its own capital run short, a contradiction that has drawn attention to the gap between Russia's crude output and its ability to refine that crude into usable fuel.

The rationing marks a return of a problem that first surfaced earlier this year and has now resurfaced with greater intensity.

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