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India imported $2.8 billion worth of crude oil from Russia in July
Credit: IndiaTimes- Published on August 15, 2024
In July, India became the second-largest buyer of Russian crude oil, importing $2.8 billion worth, significantly increased from pre-Ukraine war levels. This shift occurred after Russian oil became available at discounted rates due to European sanctions. India now relies on Russia for almost 40% of its crude oil imports, with...
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