
India's Russian fossil fuel imports hit record €6.4 billion in October: CREA
India was the worlds second-largest buyer of Russian fossil fuels in October, with purchases hitting a record €6.4 billion, according to CREA, as crude oil imports rose across major Indian refineries. Higher global oil prices also lifted Russias overall fossil-fuel export revenues to their highest monthly level since December 2022, despite Western sanctions and price caps.