
- India saved about $2.7 billion by importing discounted Russian oil in the first nine months of this year.
- Discounted Russian oil allowed India to reduce imports from the Middle East.
- India imported 69.06 million metric tons of Russian oil during this period.
- The average price for Russian oil delivered to Indian refiners was $525.60 per ton.
- India’s savings compared to buying Iraqi oil amounted to $2.7 billion.