Russian crude accounted for 44% of New Delhi’s overall imports last month India has surpassed China as the world’s biggest importer of Russian oil in July, a comparison of import data has shown. New Delhi has been increasing crude purchases due to discounts offered by Moscow as Russia shifts energy exports away from Western markets in response to Ukraine-related sanctions. Russian crude accounted for 44% of India’s overall imports last month, rising to a record 2.07 million barrels per day (bpd), 4.2% higher than in June and 12% more than a year ago, according to data on Indian shipments from trade and industry so
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