China, EU Lead Russian Fuel Purchases; India Faces Tariffs Despite Reduced Imports
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China, EU Lead Russian Fuel Purchases; India Faces Tariffs Despite Reduced Imports

Data indicates China and the EU have been the largest purchasers of Russian fossil fuels since the Russia-Ukraine war began, contributing significantly to Russia's export revenues. India's purchases were substantially lower than both China and the EU. Despite India reducing its Russian oil imports, it faced a 50% US tariff, while China and the EU encountered lower import duties on their exports to the US.

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