Indian Refineries Receive Record 2.3M Barrels of Russian Crude Daily in July

According to Jin10 Data, Indian refineries received record volumes of Russian crude oil in July, with vessel tracking data showing daily deliveries exceeding 2.3 million barrels to Indian ports. The flow continues at similar levels through mid-July. India has become a major buyer of Russian crude, up from near-zero imports before the Russia-Ukraine conflict, helping alleviate supply buildup at sea. Despite U.S. sanctions on major Russian oil producers, export volumes have continued to increase through intermediaries.
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