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The Times of India
The Times of India
Business
Sanjay Dutta | TNN

Russia accounts for 28% of India’s oil imports in January

Oil India Russia United States Bengaluru

BENGALURU: The share of Russian crude rose to a record 28% of India’s oil imports in January, remaining the top supplier for the fourth month in a row on heavy bargain hunting by refiners, data from ship tracking showed.

Russian crude accounted for 0.2% of India’s oil imports due to uneconomical transport logistics before Moscow sent troops into Ukraine on February 24 last year.

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