India's state-run oil refiners saw profits surge 457% in Q2, driven by lower global crude prices and strong refining margins, not discounted Russian oil. Dependence on Russian crude dropped significantly, with refiners shifting to West Asian and US supplies due to sanctions and unfavorable economics.
India's state-run oil refiners saw profits surge 457% in Q2, driven by lower global crude prices and strong refining margins, not discounted Russian oil. Dependence on Russian crude dropped significantly, with refiners shifting to West Asian and US supplies due to sanctions and unfavorable economics.
India's state-run oil refiners saw profits surge 457% in Q2, driven by lower global crude prices and strong refining margins, not discounted Russian oil. Dependence on Russian crude dropped significantly, with refiners shifting to West Asian and US supplies due to sanctions and unfavorable economics. 
