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Value of India’s crude imports from Russia surges significantly at a CAGR of 96% during FY20-FY25: Report

New Delhi [India], July 29 (ANI): India’s oil and gas sector is undergoing a strategic transformation amid a fast-changing global landscape marked by shifting alliances, sanctions, and rising geopolitical uncertainty, according to the recent Rubix Industry Insights report.In a significant shift, Russian oil now dominates India’s crude basket, accounting for about 35 per cent of total imports in Financial Year (FY) 2025