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The Times of India
The Times of India
Business
Bloomberg

India is starting to reach the limits of its Russian oil splurge

MUMBAI: From an island fort outside the heart of historic Mumbai, visitors can spot giant oil tankers unloading their cargoes to two refineries on the city’s southeastern coast.

Up until a year ago, those ships would almost certainly have been hauling crude from one of a dozen mainstay suppliers — the Middle East, the US and West Africa. Today, the oil is more likely to be Russian.

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