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The Economic Times

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India's Russian crude imports hit record for second straight month

India's Russian crude oil imports reached a record in July, increasing by 2.1 percent. This surge was primarily fueled by smaller import terminals across the country. Larger terminals like Jamnagar saw stable volumes, while Paradip experienced a decline. India remains a significant buyer of Russian fossil fuels, second only to China. This trend highlights India's continued reliance on discounted Russian energy supplies.

10 Aug 2026 4:34 pm