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The Economic Times
The Economic Times
Business

China boosts imports of Russian crude, stymieing India's refiners

Launceston, Australia: One of the balancing acts that has prevented crude oil prices ​from spiking higher during the Iran war has been India buying ​record volumes of Russian crude.

But it's getting more challenging for the world's third-biggest crude importer as top-ranked China resumes buying more from ​Russia amid the ongoing supply disruptions sparked by the conflict.

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