India Ramps Up Oil Imports From Iran And Russia

As India’s oil and gas demand continues to grow, the South Asian country is looking to any supplier offering a low-cost product, regardless of how controversial they may be. India’s refiners are diversifying their supply, in response to recent OPEC oil quota cuts, and turning to sanctioned states, such as Russia and Iran, to ensure their crude supply. With little support from the West to support the country’s burgeoning renewable energy industry, India’s partnership with controversial oil suppliers is likely to continue.…