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India's Russian oil imports jump 50 times; now accounts for 10% of all import: official

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Content Team
Image Credit: economic times

India's crude oil imports from Russia have jumped over 50 times since April and now make up for 10 per cent of all crude bought from overseas, a senior government official said on Thursday. Russian oil made up for just 0.2 per cent of all oil imported by India prior to the Ukraine war. "Russia oil now makes up 10 per cent of India's oil import basket in April. It is now among the top 10 suppliers," the official told reporters.