India increases Russian oil imports amid U.S.-Iran conflict
after close1 source ↓written by the desknot a recommendation
- this month
- 2.55 million barrels per day
- 2.13 million
- before the conflict
- 23%
India has shifted to Russian oil and coal to enhance energy supplies, receiving 2.55 million barrels per day this month, up from 2.13 million in May. Moscow's share in India's crude imports is expected to rise to under 50% in June, compared to 23% before the conflict. The stability of Gulf suppliers remains uncertain as the geopolitical landscape evolves.
Not investment advice. For informational purposes only.