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Trump sanctions a 'crude' shock! Russia oil shipments to India drop by 66%; experts expect ‘noticeable drop’ in near term
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US sanctions on Russian oil giants Rosneft and Lukoil have significantly impacted India's crude imports, with shipments plummeting by 66% in November. Refineries are now wary of US penalties, leading to reduced new orders and expedited existing ones. This shift forces Russian exporters to adopt more opaque shipping methods to navigate sanctions. What's Your Reaction?
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