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Reverse oil flow: India supplies gasoline to Russia - why it matters
India🏛️ PoliticsCenter6 hr. ago

Reverse oil flow: India supplies gasoline to Russia - why it matters

India has reportedly supplied gasoline to Russia, marking a significant shift in energy trade dynamics. This follows a surge in India's imports of Russian crude oil, reaching a record high in June. The situation arises due to Russia's diminished refining capacity, exacerbated by strikes and drone attacks from Ukraine, leading to a 40% reduction in refining capabilities. As a result, Russia has increased crude oil exports while struggling to meet domestic gasoline demand, with production down by 25% year-on-year. Reports indicate that around 60,000 metric tons of gasoline were exported from India to Russia via a trader, though Indian officials clarify that direct sales by Indian companies have not occurred. The movement of the gasoline shipment through the Suez Canal highlights the opacity of the trading routes. Russia has imposed temporary restrictions on gasoline exports to address domestic shortages.

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Times of India logoTimes of IndiaIndependentCenter6 hr. ago
Reverse oil flow: India supplies gasoline to Russia - why it matters

India has reportedly supplied gasoline to Russia, marking a significant shift in energy trade dynamics. This follows a surge in India's imports of Russian crude oil, reaching a record high in June. The situation arises due to Russia's diminished refining capacity, exacerbated by strikes and drone attacks from Ukraine, leading to a 40% reduction in refining capabilities. As a result, Russia has increased crude oil exports while struggling to meet domestic gasoline demand, with production down by 25% year-on-year. Reports indicate that around 60,000 metric tons of gasoline were exported from India to Russia via a trader, though Indian officials clarify that direct sales by Indian companies have not occurred. The movement of the gasoline shipment through the Suez Canal highlights the opacity of the trading routes. Russia has imposed temporary restrictions on gasoline exports to address domestic shortages.

Bias read (Center): The article presents information from multiple perspectives, including quotes from Indian officials and industry experts, without overtly favoring one side. While the geopolitical implications of India supplying gasoline to Russia are discussed, the narrative remains balanced, avoiding strong editor

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