[BiglyCommentary]

“that didn’t comprise more than 50% of the world’s population”

You know better than to use population numbers. The US has 1/3 the population of India but 10 times the GDP. Only a fool would choose the higher population country for their target market.

[Alberta's Child]

China is ranked #2 in the world among countries for petroleum consumption. They may exceed the combined petroleum consumption of the entire EU by now.

India is ranked somewhere around #4 or #5.

Regardless of whether you look at them by GDP or population, these are enormous markets for energy producers like Russia.