India buys 3 million barrels of Russian oil: report
India’s state-run oil company purchased 3 million barrels of Russian crude this week as numerous other nations bar such imports due to Moscow's invasion of Ukraine, The Associated Press reported on Friday.
Indian Oil Corp. made the purchase despite international pressure, led by the U.S. and other Western nations, to freeze Russia out of the global energy market over the incursion. India, the world's largest democracy, imports about 85 percent of the oil it uses.
The largest portion of India’s oil, 27 percent, comes from Iraq, followed by Saudi Arabia with 17 percent, the United Arab Emirates with 13 percent and the U.S. at 9 percent.
The U.S. and much of Europe have already applied heavy sanctions to Russia along with the U.S.’s energy import ban.