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India laps up discounted crude: RIL, Nayara Energy get big chunk of Russia’s flagship oil exports; Reliance world’s single biggest buyer of Urals
India has become the primary destination for Russian Urals crude oil in 2025, with private refiners Reliance and Nayara significantly increasing their purchases. Reliance has secured a long-term contract, making Urals a substantial portion of their total crude acquisitions.
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