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Russia becomes India’s largest crude oil supplier: Report

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  • As refiners bought inexpensive seaborne oil, Russia became India’s largest crude oil supplier in October 2022.
  • According to Vortexa, India imported 1.07 million barrels per day (bpd) of oil from that nation in October, up roughly 5% from 1.02 million in September.
  • According to the UK energy tracking business, Russia became India’s largest supplier in June after buying a record 1.12 million bpd.

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