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India exported USD 6.65 bn oil products derived from Russian oil to sanctioning nations: Report, ET Auto

Russian Oil: A European think-tank revealed that over one-third of Indias oil product exports to the G7-led coalition countries came from Russian crude. While the coalition imposed price caps on crude but not on refined products, Indias Jamnagar refinery, operated by Reliance Industries Ltd, played a significant role, exporting EUR 5.2 billion of oil products to the coalition. Despite restrictions on Russian crude, India imported EUR 3.04 billion of it to supply the sanctioned countries. Additio...
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