EU Buys Russian Oil from India

This is a good way to make money for Indians and to drain money from the EU.

It’s not clear what other purpose this could possibly serve.

RT:

Indian refineries have ramped up diesel and jet fuel supplies to the EU after Russian oil imports to the country surged to record levels in the 2022-2023 fiscal year, Reuters reported on Wednesday, citing preliminary ship-tracking data from Kpler and Vortexa.

The outlet suggests that the EU has been using India as a “back door,” given the sharp increase in New Delhi’s imports of Russian oil since the bloc banned crude from the sanctioned country.

In 2022-2023, Indian refiners bought between 970,000 and 981,000 barrels of Russian oil per day, accounting for more than a fifth of the country’s overall imports, which were between 4.5 million and 4.6 million barrels per day (bpd), Kpler and Vortexa data showed.

Discounted crude from Russia allowed Asian processing plants to boost production and sell oil products to the EU at a competitive price.

According to Kpler, Europe accounted for about 50% of India’s jet fuel exports with France, Türkiye, Belgium and the Netherlands among the top European consumers of diesel refined in the Asian country.

Who is making these decisions?

That is one of the biggest problems in a democracy – you never have any idea who is in charge of anything, so these sorts of moronic things that go on can’t ever be blamed on anyone.