Bharat News and Analysis

Energy

India’s Economy Powered by Discounted Russian Oil

By Sanjeev Oak In May, India achieved a historic milestone by importing record-high volumes of discounted crude oil from Russia. Russian oil accounted for an impressive 46% of India’s total oil imports, marking a significant shift in the country’s energy strategy. This influx of affordable oil has helped stabilize domestic fuel prices even as global markets grapple with surging costs. …

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