Affected by the continued blockage of shipping in the Strait of Hormuz, India recently drastically increased imports of Russian crude oil, with imports reaching new highs in June and July. According to a report in the Financial Times on the 23rd, citing Sumit Litoria, chief analyst at ship tracking agency Kepler, India imported more than 2.6 million barrels of Russian crude oil per day in June and July, a sharp increase from the February low of about 1 million barrels, accounting for more than half of the country's total daily crude oil imports.

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