Question
Which of the following statements is/are correct
regarding India's oil imports from Russia? 1. India has become the world's largest importer of Russian oil, surpassing China. 2. India's imports of Russian oil reached 2.07 million barrels per day (bpd) in July 2024. 3. India's purchase of Russian ESPO Blend crude decreased to 188,000 bpd in July 2024.Solution
Statement 1 and 2 are correct as India surpassed China as the largest importer, with imports reaching 2.07 million bpd in July 2024. Statement 3 is incorrect as India's purchase of Russian ESPO Blend crude increased, not decreased.
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