India’s spend on Russian oil buy at 2.5 billion euros in October ahead of new sanctions

India, the second-biggest buyer of Russian oil, spent as much as 2.5 billion euro on purchases of crude oil from Moscow in October, ahead of new sanctions being slapped on Russian entities, a European think tank has said.

India’s spending in October was unchanged from the 2.5 billion euro spent on buying Russian oil in September.

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