Elaborating on the reason behind the high import the report attributes India’s tensions with Pakistan and China as the reasons largely driving its demand for arms imports.
As per Sam Reynolds, research lead at the Institute for Energy Economics and Financial Analysis, the country’s LNG sector is among the most exposed in Asia to the Iran conflict due to its reliance on ...
The spurt in volumes followed the United States granting a one-month sanctions waiver on Russian oil, covering cargoes already at sea and shipments on previously sanctioned vessels.
