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Markets2h 7m ago

India's imports of Russian crude oil increased by 34% month-on-month to a record high in June, valued at EUR 4.5 billion.

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India

Who
Centre for Research on Energy and Clean Air (CREA), Reliance Industries, Indian Oil, BPCL, Nayara Energy
What
India's imports of Russian crude oil increased by 34% month-on-month to a record high in June, valued at EUR 4.5 billion.
When
Sun, 12 Jul 2026 11:02:28 GMT · 2h 7m ago
Where
India ·
Why
Higher imports were driven by major refiners including Reliance Industries, Indian Oil, BPCL, and Nayara Energy.
The Frontline Impact

How this affects you

India's record crude imports from Russia position it as Russia's second-largest fossil fuel customer after China. Refined fuels derived from this crude continue to be exported to markets including the UK, US, and Europe, despite sanctions on Russian energy.

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