‘Highest in two years’: India increases oil imports from Russia, US amidst Iran-Israel war; why it's about strategic positioning, not panic

Jun 22, 2025 - 16:00
‘Highest in two years’: India increases oil imports from Russia, US amidst Iran-Israel war; why it's about strategic positioning, not panic

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Amidst Iran-Israel tensions, India has significantly increased its Russian oil imports, surpassing combined purchases from Saudi Arabia and Iraq. This shift, driven by discounted prices, sees Russian oil constituting a substantial portion of India's crude imports.

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