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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
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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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