India’s Russian crude oil trade rebound in October after previous quarter dip; imports rise to 1.8 million bpd: Report

India’s crude oil imports from Russia have surged in early October, reversing a three-month decline. This rebound is driven by refiners operating at full capacity for festive demand and renewed discounts on Russian oil. Despite a former US President’s claim, India maintains its reliance on Russian crude for economic and strategic reasons.

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