India's Russian crude oil imports reached a record high in June. This surge made India the second-largest buyer of Russian hydrocarbons globally. Indian refineries processed Russian crude, exporting refined products to sanctioned nations. These exports included diesel and jet fuel to the United Kingdom. China remained Russia's top fossil fuel customer during this period.

Russia is one of the few countries in the world that stands out for being one of the biggest exporters of crude oil and also among the largest refiners. But, four years after…

India's Russian crude oil imports reached a record high in June. This surge made India the second-largest buyer of Russian hydrocarbons globally. Indian refineries processed…