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Maroc Maroc - Times of India - Business - 15/Aug 12:48

India imported $2.8 billion worth of crude oil from Russia in July

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 China being the largest importer.

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