• India's Russian oil imports jump 50 times; now accounts for 10% of all import: Official

    23 June

India's crude oil imports from Russia have jumped over 50 times since April and now make up for 10 per cent of all crude bought from overseas.

As much as 40 per cent of the Russian oil has been bought by private refiners - Reliance Industries Ltd. and Rosneft backed Nayara Energy Ltd.