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The Economic Times
The Economic Times

India's Russian crude imports hit record for second straight month

New Delhi: India's imports of Russian crude oil rose to a record for the second consecutive month in July, underscoring the country's continued reliance on discounted Russian supplies even as Western sanctions have tightened restrictions on Moscow's energy exports.

Indian buyers imported Russian crude worth 5.5 billion euros in July, up 2.1 per cent from June, according to data compiled by the Centre for Research on Energy and Clean Air (CREA).

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