India buys record 2.6 mbd Russian crude oil, refines some of it and now sends it back as petrol: why one of world’s biggest oil suppliers Russia has been forced to import 1 million barrels in 2 months from India

Russia’s seaborne gasoline imports climbed to a record level of around 125,000 barrels per day (kbd) in August, which would amount to about 470,000 tonnes for the month. Reports suggest that Indian refiners supplied as much as 1 million barrels of gasoline to Russia over the past two months.

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