India’s shifting oil map: How did Russia change the trade game? Middle East holds steady; smaller suppliers lose ground

Russia's dominance in India's oil imports has reshaped trading dynamics, impacting smaller suppliers while Iraq, Saudi Arabia, and the UAE maintain significant positions. Despite pressure to reduce Russian imports, India continues the supply, with Russia now being the top supplier. This shift has marginalized suppliers from America and Africa, creating potential for their resurgence amid ongoing geopolitical pressures. https://ift.tt/DSZ4Mru