India Buys More U.S. Oil

India is set to import in April its highest oil volumes from the United States in 11 months as the stricter enforcement of the U.S. sanctions against Russia are slowing Russian crude flows to the world’s third-largest crude importer. So far this month, three Indian refiners – state-held Bharat Petroleum and Indian Oil Corporation and private refining giant Reliance Industries – have already bought around 7 million barrels of U.S. crude for loading in April, unnamed traders have told Bloomberg. The April volumes of U.S. crude…