Bulletin Updates
As EU Shuns Russian Oil and Coal, India Prepares to Benefit – 16 May 2022
May 16, 2022
As the West ramps down its consumption of Russian energy supplies due to the invasion of Ukraine, markets in the developing world stand to benefit from discounted, sanctioned supplies. India is already stepping up imports of affordable Russian oil, and it is expected to begin accepting cargoes of Russian coal at scale.
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