The Organization of the Petroleum Exporting Countries has seen its market share in India shrink to a record low amid a flood of cheap Russian oil imports.
Russia now accounts for 36% of the country's imported supplies, or about 1.67 million barrels per day. Before the war started, that stood at less than 1%. Total Russian imports have now surpassed the combined purchases from Iraq and Saudi Arabia, which have been India's biggest suppliers over the last decade.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: