Strait of Hormuz disruptions: India's crude buys from Russia may double from January levels; reach 40% of oil imports

Mar 28, 2026 - 13:30
Strait of Hormuz disruptions: India's crude buys from Russia may double from January levels; reach 40% of oil imports

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Traditionally, India has sourced most of its crude from the Middle East, particularly Iraq, Saudi Arabia and the UAE, owing to geographical proximity, established contracts and reliable shipping routes.

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