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Russian oil supplies to India in July reach highest level since 2022
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TASS
India's oil imports from Russia reached their highest level since 2022 in July, hitting 2.8 million barrels per day (bpd) and accounting for more than half of the country's total purchases, The Times of India reported.
According to vessel-tracking data from Kpler, India imported just over 5 million bpd of crude oil in July, up slightly from June.
Supplies from Russia increased from 2.7 million bpd in June to 2.8 million bpd, bringing its share of India's oil imports to 55.5%.
Nikhil Dubey, a leading analyst at Kpler, noted that amid the changing geopolitical situation, Russian oil supplies had once again proven their reliability.
"Another reason for the strong Russian imports is the continuing reliability of Russian cargo," he said.