India Scoops Up Cheapest Russian Oil Since Start Of Ukraine War ...Middle East

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India Scoops Up Cheapest Russian Oil Since Start Of Ukraine War
source : OILPRICE ( Middle East ) () 32
India’s crude oil imports from Russia in June were the cheapest since the Russian invasion of Ukraine, during which time the world’s third-largest oil importer became a key Russian oil customer alongside China. The average cost of a barrel of Russian crude that landed at India’s ports in June was at $68.17, per data from India’s Ministry of Commerce and Industry cited by Bloomberg. The price exceeds the $60 price cap set by the G7, but the cap does not include shipping.    Most of India’s purchases of Russian…

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