India imported $2.8 billion worth of crude oil from Russia in July

In July, India became the second-largest buyer of Russian crude oil, importing $2.8 billion worth, significantly increased from pre-Ukraine war levels. This shift occurred after Russian oil became available at discounted rates due to European sanctions. India now relies on Russia for almost 40% of its crude oil imports, with China being the largest importer.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/LJ0iIHU

Post a Comment

Previous Post Next Post