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India has purchased 60 million barrels of Russian oil for April supply

India has purchased 60 million barrels of Russian oil for April supply

金十金十2026/03/25 05:43
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```htmlGolden Ten Data reported on March 25 that, according to insiders, Indian refiners have purchased about 60 million barrels of Russian oil for delivery next month, alleviating concerns about supply disruptions caused by the Middle East conflict. The booking prices for these crude orders are $5 to $15 higher per barrel than Brent crude. According to data intelligence company Kpler, the procurement volume is similar to that of this month, but more than double that of February. This buying spree stems from a U.S. exemption allowing India to purchase Russian crude shipped before March 5 to offset the oil shortage caused by the effective closure of the Strait of Hormuz. Subsequently, the exemption was expanded to other countries and updated to allow purchases of crude transported by sea before March 12.```
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