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Russian Economy: Indian Refiners Turn Away From Moscow
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Of the 10 barrels of Russian crude oil exported abroad, almost 9 are destined for Asian ports. India alone accounts for more than a third (about 36%) of Russian oil imported into the world since the beginning of the year. US sanctions imposed on Lukoil and Rosneft on 22 October seem to have led to a drop in purchases. Bloomberg's data, which is based on the monitoring of oil tanker routes, indicate that Indian imports during the four-week period…
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