亚博体育官网首页

Russian Oil Reaches Europe via India
OIL & GAS

Russian Oil Reaches Europe via India

India has emerged as the largest exporter of fuel to the European Union, playing a significant role in the continued flow of Russian oil into Europe. Despite sanctions on Russia's oil exports, much of this crude is being refined in India and then re-exported to the EU under different labels, circumventing direct restrictions. This growing trade highlights India's pivotal role in global energy markets, especially as it continues to bolster its refining and export capacities.

The refined oil products include diesel and other fuels, which are in high demand in the EU, where energy security has become a priority amidst ongoing geopolitical tensions. India, with its robust refining infrastructure, has benefited from processing and exporting Russian oil at a higher profit margin. This indirect trade has sparked debate, as it allows Russian crude to reach Western markets while technically adhering to sanctions.

The surge in India's fuel exports to the EU underscores the shifting dynamics in global oil markets. As the EU seeks alternatives to Russian energy supplies, India鈥檚 refining prowess has positioned it as a key player in meeting European demand while navigating the complexities of international sanctions.

India has emerged as the largest exporter of fuel to the European Union, playing a significant role in the continued flow of Russian oil into Europe. Despite sanctions on Russia's oil exports, much of this crude is being refined in India and then re-exported to the EU under different labels, circumventing direct restrictions. This growing trade highlights India's pivotal role in global energy markets, especially as it continues to bolster its refining and export capacities. The refined oil products include diesel and other fuels, which are in high demand in the EU, where energy security has become a priority amidst ongoing geopolitical tensions. India, with its robust refining infrastructure, has benefited from processing and exporting Russian oil at a higher profit margin. This indirect trade has sparked debate, as it allows Russian crude to reach Western markets while technically adhering to sanctions. The surge in India's fuel exports to the EU underscores the shifting dynamics in global oil markets. As the EU seeks alternatives to Russian energy supplies, India鈥檚 refining prowess has positioned it as a key player in meeting European demand while navigating the complexities of international sanctions.

Next Story
Infrastructure Transport

Fourth Rail Line to Boost Navi Mumbai Airport Access

The Central Railway has approved the construction of a fourth railway line along the Karjat鈥揚anvel corridor to enhance connectivity to the upcoming Navi Mumbai International Airport. The 29-kilometre stretch is expected to significantly improve regional rail access, particularly for commuters from Pune and nearby areas.Estimated to cost Rs 4.91 billion, the project is outlined in the final Detailed Project Report (DPR) submitted to the Railway Board on 7 April. A Central Railway spokesperson confirmed the decision, stating the fourth line will help decongest the corridor and allow greater fr..

Next Story
Infrastructure Transport

UP Fast-Tracks Roads to Boost Noida Airport Access

The Uttar Pradesh government is expediting a network of road and expressway projects to strengthen connectivity to Noida International Airport, aiming to establish it as a key aviation hub in northern India. With projected annual footfall exceeding five million passengers, seamless road access is essential to ensure efficient, sustainable, and inclusive transport infrastructure.A flagship initiative under this effort is the six-lane Bhangel Elevated Road鈥攁 5.5-kilometre corridor connecting Agahpur to the NSEZ via DSC Road. Despite earlier delays caused by design revisions and funding shortfa..

Next Story
Infrastructure Transport

Airports In Asia, Middle East Gear Up For 7% Traffic Surge

Airports across the Asia-Pacific and Middle East are preparing for a major upsurge in air travel, with passenger volumes expected to grow by nearly 7 per cent annually over the next 25 years. In response, regional airport stakeholders have adopted a collective resolution focused on sustainable infrastructure upgrades and capacity optimisation.This decision was made during the 2nd ACI Asia-Pacific & Middle East Regional Assembly of Airport Members held in New Delhi. The resolution marks a united commitment to future-ready, climate-conscious airport development in a region that accounts for ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement