Energy
India’s Russian Oil Imports Slide From Record High as Supply Tightens
India’s crude oil imports from Russia have fallen this month after reaching a record high in July.
AI Summary
India’s crude oil imports from Russia have fallen this month after reaching a record high in July. The decline is attributed to Ukrainian attacks on Russian export infrastructure, which have disrupted supply. Additionally, competition from China for Russian barrels has reduced the volume India can secure. These factors together have tightened the availability of Russian oil for Indian refiners.
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