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International Business Times
International Business Times
Business
Anuj SRIVAS

Rising Prices Cap India's Thirst For Russian Oil

India has bought hundreds of millions of barrels of cut-price Russian crude (Credit: AFP)

Indian purchases of Russian crude in defiance of Western pressure over the Ukraine war have fallen to an 11-month low as the price tag on the discounted oil rises, figures show.

Since the invasion of Ukraine nearly two years ago, India has bought hundreds of millions of barrels of cut-price Russian crude, saving itself billions of dollars while bolstering Moscow's war coffers.

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