NDTV·2 min read·medium
India Bought $5.14 Billion Russian Oil In June Despite Pressure. Here's Why
✦AI Summary
India continues to import significant quantities of Russian oil despite international pressure, while also diversifying its supply chain to include Latin American sources. This shift reflects India's strategic approach to balancing energy security with global geopolitical dynamics.
Indian refiners have increased purchases not just from Russia but also from Latin America. Meanwhile, Middle East imports to India fell sharply.
economyworldbusiness
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