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India's Russian crude imports hit record for second straight month
India's Russian crude oil imports reached a record in July, increasing by 2.1 percent. This surge was primarily fueled by smaller import terminals across the country. Larger terminals like Jamnagar saw stable volumes, while Paradip experienced a decline. India remains a significant buyer of Russian fossil fuels, second only to China. This trend highlights India's continued reliance on discounted Russian energy supplies.
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economictimes.indiatimes.com
India's crude oil import bill rises 26% to $49 billion in Q1 FY27 despite 18% fall in volumes
India's crude oil import bill rose significantly in early 2026-27. Higher global oil prices and supply disruptions increased costs for refiners. Russia remained India's largest…
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India's Russian crude imports hit record for second straight month
India's Russian crude oil imports reached a record in July, increasing by 2.1 percent. This surge was primarily fueled by smaller import terminals across the country. Larger…
