US Penalty Risk On Russian Oil May Add $9-11 Billion To India's Import Bill

Russian oil, which accounted for less than 0.2% of India's imports before the war, now makes up 35-40% of the country's crude intake.

Aug 3, 2025 - 19:00
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US Penalty Risk On Russian Oil May Add $9-11 Billion To India's Import Bill
Russian oil, which accounted for less than 0.2% of India's imports before the war, now makes up 35-40% of the country's crude intake.

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