India, China helped Putin earn $24 billion by buying Russian oil & gas amid Ukraine war
As per a Bloomberg report, Russia has pocketed $24 billion from selling energy to China and India in just three months following its invasion of Ukraine. Citing latest customs data, the report states China spent $18.9 billion on Russian oil, gas and coal in the three months to the end of May, almost double the amount a year earlier. Meanwhile, India shelled out $5.1 billion in the same period, more than five times the value of a year ago. That’s an extra $13 billion in revenue from both countries compared to the same months in 2021.
In the first two months of the war, EU has bought Russian oil and gas worth $41.5 billion. Germany was the largest buyer accounting for $8.9 billion, followed by The Netherlands at $6.4 billion and Italy at $4.6 billion. From March till June 3, EU has bought Russian Oil and Gas worth $97 billion (almost $1 billion a day), China bought $18 billion and India at $5 billion.
So, the BIG QUESTION is Who is funding Russia's War on Ukraine???
India stands by its allies whenever they need help. India never betrays anyone. Brother Russia, let's win the war.
You think you know me
Both nations just bought oil from where it's cheap. If west can provide at the same terms, we would buy from them too. Energy security is paramount than petty politics.
All about India
Very good we Indians stand with our friend Russia
Nice to see that world will become multipolar
Thanks to Biden who increased our trade relations with Russia
Prem Swaroop J
Half of humanity lives in these two nations, this was bound to happen.
Great!! Smart and compassionate Leaders.
It just proved that nobody can bully India anymore. 1.3 billion standing with Indian Government.
It is west fault , don't blame to India .
First create war , sell weapons , sell oil at high price
How about knowing about the imports of EU from Russia since last 3 months??
W CK Meitei
China and India do exactly what they ought to do
I thought the FM highlighted that the EU buy more oil and gas from Russia in a single day..than India over a month..which I think later corrected to 3 months..Dont know if any change has happened lately..
India was happy to fulfil its energy demand from middle east but due to stupid actions by West on crude oil forced us to buy Russian oil
Out of the $24 billion earned by Russia, $19billion was China's & $5billion was India's business share
Wow.. China is so far ahead because of exsting pipelines & geographic proxmity & Ease of payment via Yuan Exchange
India's monthly energy import from Russia is less than what Europe does in afternoon
Brother always help brother in need!
Guess how much did Europeans and USA bought more than 5-10 times of that
Jai hind India
Then euro's purchase would have been 100s of billions .....why pointing at indian and combining with China's purchase ......
Why they just don't make a report about EU how much they make a profit to Russia but buying gas and oil
Even Europe is buying so much. Why r u putting India with China in this figure. India had to do this, we ha no else option to maintain our energy security
Peace On Earth
Why still in dollars? I thought they are using now their own currency
Fun fact : Europe helped Russian earn more than 24 $billion
Welcome the neutrality of India for the interest of nation.
we just had a good deal nothing to do with our friendship with any country
Europe has helped even more
So supplies to Europe and other areas has stopped totally! Really! This is absurd that 2 Asian nations are ONLY buying energy.
Indonesia, South Korea , Other ASEAN countries too buy as much oil from Russiya just as India is doing
Asia has to have power balance for world peace.
Then how much Russia earned from EUROPEAN Union you have not mentioned
Look Biden what have you done
#india supports russia