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India's Crude Imports Surge: Russia Now 40% Share

7/14/2025

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Summary

Story summary

In June, India hit a remarkable milestone, importing 2.08 million barrels of crude oil per day from Russia—the highest in nearly a year. This surge, despite a 6% dip in total imports, means Russia now accounts for 40% of India's crude supply, surpassing traditional Middle Eastern sources. Additionally, imports from the US and Brazil are on the rise, showcasing India's evolving sourcing strategy.

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Story summary

In June, India hit a remarkable milestone, importing 2.08 million barrels of crude oil per day from Russia—the highest in nearly a year. This surge, despite a 6% dip in total imports, means Russia now accounts for 40% of India's crude supply, surpassing traditional Middle Eastern sources. Additionally, imports from the US and Brazil are on the rise, showcasing India's evolving sourcing strategy.