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India's merchandise imports from Russia drop 40% in Jan, crude oil worst-hit | India News  Hindustan TimesNew record! China laps up discounted Russian crude as India reduces purchases; threat of US strikes on Iran adds to jitters  Times of IndiaReplacing Russian crude with US, Venezuela & Middle East supplies to increase average cost of oil by $1.5-2/bbl  BusinessLineOil firms’ refinery margins may cool to $6-8 per barrel  The Financial ExpressRussian oil tankers draw concern in Singapore and Finland  Scandasia