India’s imports of Russian crude oil fell by 16.5% in August compared to the previous month, reaching about 2.1 million barrels per day. At the same time, supplies from the Middle East increased, supported by Abu Dhabi National Oil Company (ADNOC) selling oil from outside the Strait of Hormuz, according to trade data. Advertisement According to a report in Reuters, overall, India’s oil imports declined by 8.8% in August to 4.44 million barrels per day. Russia remained the top supplier, followed by the United Arab Emirates and Venezuela. Preliminary data from Kpler suggests that India’s imports of Russian oil may…
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