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West Asia share of crude imports at 9-month high

Financial Express Kochi

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December 24, 2024

• Russia continues to be the top oil supplier to India

- NIDHI VERMA

INDIA'S NOVEMBER CRUDE imports showed West Asian oil at a nine-month high while Russia accounted for its smallest share in three quarters, ship tracking data obtained from sources showed.

Refiners in India have been gorging on cheaper Russian oil despite problems posed by sanctions aimed at reducing Moscow's oil revenue to fund its war in Ukraine.

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