New Delhi - India’s imports of crude oil from Russia spiked in January despite the US slapping fresh sanctions on that country’s oil producers and tanker fleet.
In January, India imported 1.67 million barrels per day (bpd) of crude oil from the Eurasian nation—rising 13 percent from December 2024—showed data from commodity market analytics firm Kpler. Russia supplied 1.48 million bpd of crude oil to India in December.
Russia is currently India’s largest crude supplier, making up for over 30 percent of the country’s total . . .
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