Foreign media: India is the third largest oil importer in the world, importing crude oil worth 52.7 billion US dollars from Russia in 2024, accounting for 37% of its total oil imports.
Russian oil has been significantly discounted due to Western sanctions, allowing India to save about 9 billion US dollars. Indian refineries are more suitable for processing Russian heavy crude oil; if switching to American light shale oil, they would need reconfiguration, which could potentially reduce the production of diesel and aviation fuel.
The United States has put pressure on India to reduce its oil imports from Russia. India faces a dilemma: continuing to purchase Russian oil may lead to U.S. retaliation, while shifting to more expensive Middle Eastern and American oil would increase domestic fuel costs.
Original text: www.toutiao.com/article/1846197803740172/
Statement: This article represents the views of the author himself.