In March, India's Reliance Industries doubled its import of Russian crude oil compared to the previous month.
According to industry sources, ship tracking data shows that Indian conglomerate Reliance Industries imported approximately 350,400 barrels per day of Russian crude oil in March, more than doubling from February, to partially offset the supply gap caused by the Middle East crisis. Data shows that the group's Russian crude oil imports in March decreased by 34.2% compared to the same period last year. Russian crude oil accounted for approximately 26.3% of Reliance Industries' total crude oil imports in March.
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