India has slipped to third place in Russian fossil fuel imports for December 2025, with Reliance Industries and state refiners significantly cutting crude oil purchases. Turkiye now ranks second, while China remains the top buyer. This shift follows new US sanctions on Russian oil producers, impacting India's previously high reliance on discounted Russian crude.
Russian oil trade: India slips to third-largest buyer in December
Published 10 hours ago
Source: timesofindia.indiatimes.com
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