India oil imports

04 Feb

India’s Oil Sourcing Strategy Unchanged, Kremlin Rejects Claims of Russian Crude Halt

Rajeev Sharma0 CommentsCanadaDonald Trump claim, India energy diversification, India oil imports, Kremlin statement, Russia-India trade, Russian crude supply

Moscow (Rajeev Sharma): The Kremlin on Wednesday said there is nothing unusual about India diversifying its crude oil suppliers and stressed that New Delhi remains free to purchase oil from any country, dismissing suggestions that India has agreed to stop importing Russian crude. Kremlin spokesperson Dmitry Peskov said Russia has received no official communication from India regarding any decision to halt Russian oil purchases. He noted that India has historically sourced oil from multiple countries and that diversification has always been part of its energy strategy. Peskov was responding to remarks by U.S. President Donald Trump, who claimed that Prime…

15 Aug

India’s Russian Oil Imports Rise to 2 Million Barrels Per Day in August Despite US Tariff Tensions

Rajeev Sharma0 CommentsBusiness, IndiaBPCL, Donald Trump tariffs, India oil imports, IOC, Russian crude

New Delhi, August 15, 2025 – India’s crude imports from Russia have climbed to 2 million barrels per day (bpd) in August, accounting for nearly 38 per cent of total inflows, even as geopolitical pressure and trade friction with the United States intensify.Data from global energy analytics firm Kpler shows Russia retained its position as India’s top supplier in the first half of August. Shipments from Iraq fell to 730,000 bpd from 907,000 bpd in July, while imports from Saudi Arabia dropped to 526,000 bpd from 700,000 bpd. The United States ranked fifth, supplying 264,000 bpd.“Russian crude imports into India…