TOKYO -- India's dependence on Russian oil has increased to account for 30% of its imported total in March, according to a Nikkei analysis of shipping data.
Commodities
India's dependence on Russian oil soars to 30%
Shift spurred by discounted prices stemming from Western sanctions
A crude oil tanker near the port city of Nakhodka, Russia. India imported more than 6 million tonnes of Russian oil in March. © Reuters
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