How the world’s third largest crude importer became Europe’s biggest fuel supplier

Updated: May 01, 2023, 02:49 PM IST
livemint

India is the third largest importer of crude oil… MoreIndia, the third largest importer of crude oil, has a market share of 11% of total global crude oil imports. While this is a fact, it can also be verified that India is now Europe’s largest refined fuel supplier. India, which is dependent on the rest of the world for its oil and gas needs, is the third largest importer of all marine crude in the world after the European Union and mainland China, exporting 360,000 barrels a day to Europe this month. Did.