Suriyapong Thongsawang
- India is buying more American crude as it pulls back from trading with Russia, Bloomberg reported.
- Shipments of US barrels are at the highest since May of last year.
- Russian imports took a hit as Western sanctions bite down on Moscow's ability to ship crude.
American barrels are pouring into the Indian market, prompted by a demand shift of Washington's own making.
That's as Western sanctions on Moscow have cracked New Delhi's appetite for Russian crude, causing India to pivot towards US exports.