In March 2026, India was faced with an unprecedented oil supply and price shock. Four months from then, India has managed to successfully secure its crude supplies through a diversified procurement basket relying mainly on Russian crude to tide over the energy security situation.

India imports a record $5.14 billion in Russian crude oil in June 2026, bolstering energy security amid global disruptions.

In March 2026, India was faced with an unprecedented oil supply and price shock. Four months from then, India has managed to successfully secure its crude supplies through a…

India has emerged as a key buyer of Russian crude, with imports from Moscow reaching record levels as refiners take advantage of cheaper oil and supply disruptions from the Middle…