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[–] 0 points 2 days ago (2 children)

India refines it's own diesel using imported oil from a range of regional sources. Russia being a major source, and source of contention since the Ukraine conflict began.

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  • [–] 9 points 2 days ago (1 child)

    Right, so Europe went from buying Russian oil at market rates to buying it at a premium. I'm Indian, so I'm not exactly complaining about some companies here getting a little surprise profit, but I just don't understand the logic.

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