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Indias oil imports from Russia surge Reuters

The South Asian nations purchases of Russian crude are set to reach a 10-month high, according to Kpler data

India’s imports of Russian crude oil are expected to reach around 1.8 million barrels per day in May, the highest level in 10 months, Reuters has reported, citing ship-tracking data from Kpler. The surge is attributed to refiners purchasing more light grades, such as Russia’s ESPO Blend.