Rosneft CEO Igor Sechin stated that India will account for nearly half of global oil demand growth over the next decade, projecting consumption to reach eight million barrels per day by 2035. He noted that Russian oil supplies have provided over $40 billion in economic benefits to India and China since April 2022, and warned of potential food price hikes due to disruptions in the Strait of Hormuz.
Sign in to access complete coverage, AI analysis, and related companies.
Sign In to Continue