CURRENT AFFAIRS

2023

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

In which month did India’s Russian oil imports surge to a record 1.4 million barrels per day?

A	February
B	March
C	January
D	April

Explanation:

Detailed explanation-1: -NEW DELHI, Feb 17 (Reuters)-India’s Russian oil imports climbed to a record 1.4 million barrels per day (bpd) in January, up 9.2% from December, with Moscow still the top monthly oil seller to New Delhi, followed by Iraq and Saudi Arabia, data from trade sources showed.

Detailed explanation-2: -MOSCOW, April 12 (Reuters)-Russia’s seaborne oil product exports rose in March by 17.3% month-on-month on a daily basis, data from industry sources and Reuters calculations showed. Volumes increased to 12.374 million tonnes from 9.531 million in February.

Detailed explanation-3: -Since the outbreak of the war in Ukraine on February 24, 2022, India has been importing Russian crude oil on a massive scale at low cost, refining it, and then selling the part it does not consume to Westerners at market prices, thereby circumventing the sanctions regime.

There is 1 question to complete.