India's oil imports from Russia hit 12-month low in January as sanctions.
Thu, Feb 1, 2024 4:51 PM

India's oil imports from Russia hit 12-month low in January as sanctions.

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India's crude oil imports from its top supplier Russia fell for a second straight month in January to their lowest in a year as tighter Western sanctions hit supply of light sweet Sokol grade, preliminary ship tracking data showed. The world's third-biggest oil importer and consumer boosted imports of Iraqi oil to offset the drop in Russian oil imports, according to the data.

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