India-China Oil Battle: Russia's Cheap Barrels

India and China are locked in a fierce competition for Russian oil, with both countries securing equal shares in April. Indias crude imports dropped in March, with Russia covering nearly half, while China saw a slight dip and turned to Russia after Iranian oil dried up. India is feeling the heat with limited stockpiles and high demand, while China holds stronger cards with more reserves. Saudi Arabia is shifting more crude to China, leaving India with less. This intense scramble for energy security is expected to continue as disruptions persist. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a0ad76755f389ead