India’s crude oil imports from Russia fell for the second consecutive month to the lowest level in a year due to the sanctions of the Western countries, reports Reuters. The world’s third-largest oil importer and consumer has increased its imports of Iraqi oil to offset falling imports of Russian oil, according to the data. Imports from Russia decreased by 4.2% to 1.3 million barrels per day. Data from the Vortexa vessel tracking agency showed a 9% drop in production to 1.2 million barrels per day. “The narrowing of Russian crude discounts versus Middle Eastern crude, recent U.S. sanctions on …