• A report by Finland based group cited that India is leader of five countries named as the “Laundromat” countries.
  • The so-called “laundromat” countries are countries that buy Russian oil and sell processed products to European countries, thus sidestepping European sanctions against Russian Oil.
  • The five countries (India, China, Turkey, UAE and Singapore) are identified as ‘laundromats’ for Western countries by the Centre for Research on Energy and Clean Air (CREA).
  • The five countries are responsible for 70 percent of Russia’s crude oil exports, the study highlighted.
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