If India Were To Stop Buying Russian Oil Global Crude Prices Could Jump To 200 Dollars A Barrel: Sources

Global crude oil prices could surge dramatically to around $200 per barrel if India ceased purchasing Russian oil, a move that would severely impact consumers worldwide, according to sources cited by ANI and several reports from August 2025.This is due to Russia being the world’s second-largest crude oil producer, with a daily output of about 9.5 million barrels (nearly 10% of global demand), and
Global crude oil prices could surge dramatically to around $200 per barrel if India ceased purchasing Russian oil, a move that would severely impact consumers worldwide, according to sources cited by ANI and several reports from August 2025.This is due to Russia being the world’s second-largest crude oil producer, with a daily output of about 9.5 million barrels (nearly 10% of global demand), and
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