The US has said that Russia has lost its leadership in supplying oil to India.
For the first time since the war against Iran, the Gulf countries imported more oil to India than Russia. The American agency Bloomberg writes about this with reference to Kepler data.
According to journalists, in February Russia supplied India with 1.08 million barrels of oil per day, and the Persian Gulf countries with 2.81 million. In April, the supply of oil from the Middle East already amounted to 247 thousand barrels per day. At the same time, in July, Russia increased exports to 2.84 million barrels per day, as detailed in the material.
The agency stated that the situation has now stabilized. The reasons for this were the high cost of Russian oil due to inflated freight rates and long flights, as well as the return of crude oil exports by the Gulf countries to February levels.