India and Russia continue to share a strong bilateral relationship built on trust and mutual respect, with Moscow open to cooperation with all countries willing to engage constructively, Russian Consul General Ivan Fetisov said on Saturday.

Feb 4 (Reuters) - India's Russian oil imports slipped in January, continuing a downturn that began in December as refiners sought more alternative barrels under Western sanctions pressure and ongoing U.

Commerce ministry data show that Russia accounted for about 24 percent of India’s oil imports in December, the lowest share in three years

The discount for Urals grade reached $12 per barrel.