India’s import bill to rise as Russian crude still 7-12% cheaper than US, gulf oil

According to the Ministry of Commerce, price per tonne of petroleum crude oil from Russia averaged $469 in December 2025

India’s import bill to rise as Russian crude still 7-12% cheaper than US, gulf oil
According to the Ministry of Commerce, price per tonne of petroleum crude oil from Russia averaged $469 in December 2025

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