India boosts purchases of Russian oil

Nearly one-fifth of the available monthly shipments of Siberian crude were reportedly sent to Indian refiners in August India increased purchases of Russian oil in August, Bloomberg reported on Thursday, citing shipping data. According to the report, six tankers loaded with Russian ESPO oil, a brand of Siberian crude, were on their way to Indian refiners last month. This accounts for nearly a fifth of the available monthly shipments of ESPO. It was also the largest shipment of Russian crude to India “since the stream was introduced,” the news outlet said. Analysts say the voyage to India will take longer for Russi

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