Russia is now India’s second-biggest source of crude oil, after Iraq.Until February, only around 2% (12 million barrels of Urals crude) of India’s total crude oil imports came from Russia. Now, India’s contracts stand at around 66.5 million barrels, according to data analytics firm Kpler.This figure is for the period from March to June 2022, along with estimated deliveries in July and August. It exceeds India’s Russian crude oil imports for all of 2021.Read the rest of this story on qz.com. Become a member to get unlimited access to Quartz’s journalism.
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