Indian refiners are purchasing Russian crude and re-exporting refined products to Britain, according to OilPrice.com British consumers are indirectly buying Russian oil and petroleum products despite a Western embargo on crude exports from the sanctioned country, OilPrice reported on Monday, suggesting that the bulk of it may come from India. A ban on Russian seaborne oil exports, along with a price cap of $60 per barrel, was introduced by the EU, G7 nations and Australia on December 5. Another embargo banning almost all imports of Russian oil products kicks in on February 5. The UK, which has been among the most
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