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India’s Russian fossil fuel imports hit record €6.4 billion in October, crude oil accounts for 91%

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India’s Russian fossil fuel imports hit record €6.4 billion in October, crude oil accounts for 91%
Photo / Coverage: The Hindu Business Line
EXECUTIVE SUMMARY

Higher crude purchases by Indian refiners and rising international energy prices strengthened Moscow’s export earnings despite continuing Western sanctions

Key Takeaways

  • India’s Russian fossil fuel imports hit record €6.4 billion in October, crude oil accounts for 91%.

Higher crude purchases by Indian refiners and rising international energy prices strengthened Moscow’s export earnings despite continuing Western sanctions

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