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India’s top refiner purchases three million barrels of Russian Urals blend despite ban by some countries India has reportedly ignored the latest ban placed on the purchases of Russian crude by some Western countries as part of broader sanctions introduced against Moscow over its military operation in Ukraine.

Roughly 70% of all transactions between the two nations are carried out in the ruble and yuan, a prominent businessman has told RT Western sanctions have provided further impetus for Russia and China to develop trade ties, with the use of national currencies in transactions between the two nations also having a significant impact, Zhou…