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India's Russian Oil Imports Surge to Two-Year High

4/23/2025

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Story summary
  • India's Russian oil imports could hit 2.15 million barrels per day in April, marking a two-year peak.
  • Increased shipments follow disruptions caused by U.S. sanctions.
  • India continues to be the largest buyer of discounted Russian oil, a position held for three years.
  • New Delhi maintains a neutral stance on the Russia-Ukraine conflict, promoting peace while enhancing relations with Moscow.