Economic dataEconomic Times
India's Russian fossil fuel imports hit record €6.4bn
Positive+192 sources
GreyOak summary
India imported €6.4 billion worth of Russian fossil fuels in October, its highest monthly total since 2022. Crude oil comprised 91% of these purchases, with imports rising 10% from September. Russian refineries processed crude to export €1.6 billion in oil products to sanctioning nations.
What it affects
- Trade and current accountPositive +19
Russian fossil fuel imports hit record €6.4B.Rolling sentiment Positive +15