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The Economic Times

Economy / The Economic Times

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India's Russian crude imports hit record in Jun even as Moscow's oil revenues slip

India's Russian crude oil imports reached a record high in June. This surge made India the second-largest buyer of Russian hydrocarbons globally. Indian refineries processed Russian crude, exporting refined products to sanctioned nations. These exports included diesel and jet fuel to the United Kingdom. China remained Russia's top fossil fuel customer during this period.

12 Jul 2026 10:26 am