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India's Russian crude imports hit record high in June

Business StandardRead the original1 Jul 2026

India's Russian crude imports hit record high in June as discounts widen. Refiners like Reliance and IOC imported over 1 million barrels per day, up 40% MoM. Steeper discounts on Urals crude boosted profitability. Refinery throughput and export margins likely to improve.
📊 STOCKS: RELIANCE, IOC | 🏢 SECTOR: Energy | #HIGHIMPACT #CrudeOil

#CrudeOil#Imports#Discounts#RefiningMargins
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