India's intake of Russian crude oil has soared 50-fold since April and, to date, makes up a tenth of the subcontinent's imported oil, the Economic Times reported today, citing a senior government official. Some 40 percent of the total Russian oil imports are going into private refineries, the report noted.
Earlier this month, data showed India's imports of Russian crude over the first quarter of this year alone were five times higher than all the Russian crude India imported in 2021. Also this month, Bloomberg reported that some of the largest…India's Russian Oil Imports Soar 50-Fold
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