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How India came to rely on Russian crude, why that could change and what that means for you

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Manage episode 470215382 series 2910805
Content provided by Bingepods and Ideabrew Studios. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bingepods and Ideabrew Studios or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

After the invasion of Ukraine and the subsequent sanctions, India took the opportunity to start buying cheap Russian crude. From 12% earlier, Russia went on to account for 40% of India’s oil imports. Now, fresh US sanctions mean our days of buying cheap Russian crude could be over. If India’s oil import bill increases, so will inflation. Please listen to the latest episode of All Indians Matter.

Learn more about your ad choices. Visit megaphone.fm/adchoices

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389 episodes

Artwork
iconShare
 
Manage episode 470215382 series 2910805
Content provided by Bingepods and Ideabrew Studios. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bingepods and Ideabrew Studios or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

After the invasion of Ukraine and the subsequent sanctions, India took the opportunity to start buying cheap Russian crude. From 12% earlier, Russia went on to account for 40% of India’s oil imports. Now, fresh US sanctions mean our days of buying cheap Russian crude could be over. If India’s oil import bill increases, so will inflation. Please listen to the latest episode of All Indians Matter.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

389 episodes

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