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India's Russian oil import hits 11-month high in June

  • India imported 2.08 million barrels per day of Russian crude in June, reaching the highest level since July 2024.
  • Russian oil imports to India surged as the West reduced purchases following the Ukraine invasion, with Russia becoming India's largest crude oil supplier.
  • India's traditional suppliers like Iraq, Saudi Arabia, and the UAE saw fluctuations in oil imports in June.
  • India also increased imports from the US and Brazil, signaling a diversification in oil sources amid renewed diplomacy with the US government.

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