By Nidhi Verma NEW DELHI/MOSCOW (Reuters) - India's Russian oil imports recovered in March, returning near usual levels after a 3-month decline, as non-sanctioned vessels were delivering cargoes,
Russian Oil Supplies to India Recover After Decline
By Nidhi Verma
NEW DELHI/MOSCOW (Reuters) - India's Russian oil imports recovered in March, returning near usual levels after a 3-month decline, as non-sanctioned vessels were delivering cargoes, while some supplies have been diverted from Turkey, according to five trade sources and shipping data.
The resumption of Russian oil supply to the world's third-largest oil importer and consumer is easing a supply crunch caused by stringent U.S. sanctions imposed on Moscow for the invasion of Ukraine, cooling prices for rival Middle East grades. [CRU/M]
(Reporting by Nidhi Verma in NEW DELHI and Reuters reporters in MOSCOW; Editing by Florence Tan and Louise Heavens)
