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India reduces Russian oil imports amid increased Middle Eastern supply

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India has significantly decreased its purchases of Russian crude oil. This shift follows a recovery in oil shipments from Middle Eastern suppliers. The change is driven by narrowing price discounts on Russian oil, making it less economical. The development marks a notable recalibration in India's energy import strategy.

Read the full story at Economic Times

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India reduces Russian oil imports amid increased Middle Eastern supply · ShortSingh