💰 Fuels from Russian oil gets backdoor entry into Europe via India

TL;DR

NEW DELHI, April 5 (Reuters) - Record high imports of crude oil from Russia in fiscal 2022-23 helped India's refiners boost exports of diesel and jet fuel to Europe as the continent shunned Russian products, preliminary ship-tracking data from Kpler and Vortexa showed. took about 11,000-12,000 bpd of VGO in 2022/23, or 65-81% of India's overall exports of the refining feedstock that can be processed further to produce fuels such as gasoline and diesel, the data showed. In 2021/22, India exported only around 500 bpd of VGO to the United States

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