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India's oil purchases support global energy security, says Russia

20 Feb 2026 · 07:07 ISTpre-market1 source ↓written by the desknot a recommendation

India's oil purchases are crucial for global energy security, according to the Russian foreign ministry. Despite reducing imports, India is expected to maintain minimum imports of 1 million barrels per day from Russia. This decision aligns with national interests and ongoing negotiations with the US regarding trade agreements.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 20 Feb 2026, 07:07 IST.

Sourcesnews.google.com

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India's oil purchases support global energy security, says Russia

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