India's crude oil imports from Russia surged in June, solidifying Moscow's position as the top supplier, while UAE shipments remained strong. This strategic diversification aims to secure energy supplies amidst ongoing uncertainties surrounding the Strait of Hormuz. Despite a gradual reopening of the strait, refiners are maintaining robust purchases from alternative sources, indicating a lasting shift in India's energy sourcing strategy.from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/lZEWTaX
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