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Russia barges in on Iran and India’s oil romance

How India is benefiting from inexpensive oil

Iran has some tough new foe in a competition to gain on India’s sepulchral direct for oil.

State-owned Russian appetite hulk Rosneft is a lead financier in a $12.9 billion buyout of India’s Essar Oil that was announced over a weekend. Russian investment organisation United Capital Partners (UCP) has also snapped adult a stake.

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