ReferIndia News India buys 60 million barrels of Russian oil for April

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India buys 60 million barrels of Russian oil for April

Published on: March 25, 2026, 2:19 p.m. | Source: The Economic Times

Indian refiners are boosting Russian oil imports by 60 million barrels next month, a significant jump to counter Middle East supply disruptions. This move, facilitated by a US waiver, sees major players like Mangalore Refinery returning to Russian crude. The nation is also increasing Venezuelan oil purchases, as Russia enjoys renewed export profits.

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