Current Date 09 Dec, 2022

China and India funnel $24 billion to Putin in energy spree

India’s increase in spending after the war has been far more dramatic, as it doesn’t share a land border with Russia and its ports are normally too far away for cost-efficient shipping. The country spent $8.8 billion on petroleum and coal imports from Feb. 24 to June 30, more than it doled out for all Russian goods for the entire year in 2021, according to a trade ministry official.