Russia turns to India, Russia turns to India... and more

Russia turns to India for gasoline as fuel shortages deepen after Ukrainian strikes

times-of-india • 3d22h

India’s refiners are doubling down on discounted Russian barrels as Strait of Hormuz disruptions and Iran-sanctions uncertainty reshape crude access, pushing June imports to a record. - (June, Reuters via *Times of India*, 30th Jun) India took about **2.70 million bpd** of Russian crude—up sharply from May—while total crude imports stayed near **4.9 million bpd**. - (May, CREA via *The Hindu* and *Times of India*, 14th Jun) Russian fossil fuels stayed dominant, with crude about **83%** of India’s Russian purchases and total Russian hydrocarbon imports worth **€5.8bn**. - (1st–2nd Jul, Reuters via *Times of India*, 1st Jul) As Ukrainian strikes squeeze Russia’s fuel supply, **Russia begins shipping gasoline from India**, with at least **60,000 tonnes** already sent (sources cite Reuters). - (1st Jul, *Times of India*) Analysts warn June looks like a **peak**, not the new normal: Hormuz reopening and potential US-Iran sanctions-waiver end **(21st Aug, 2026)** could gradually rebalance toward Gulf supplies, though enforcement remains the wildcard.

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Russia turns to India for gasoline as fuel shortages deepen after Ukrainian strikes

times-of-india • 3d22h

The Kremlin said on Tuesday that it was in discussions with several countries about importing fuel at acceptable prices. One industry source said India has already shipped at least 60,000 metric tonnes of gasoline to Russia. Another source said two cargoes, each carrying between 30,000 and 40,000 tonnes, have been dispatched.

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Hormuz oil shock sends India back to Russia: Is this a peak or the new normal?

times-of-india • 4d1h

Russia has emerged as the dominant supplier of crude oil for India - with imports touching over 240 million barrels in the four months since the US-Iran conflict began. In fact, crude imports from Russia are over 4 times the nearest supplier - UAE at over 58 million barrels.

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India's Russian oil imports hit record high in June amid Hormuz disruptions

times-of-india • 4d23h

India's crude oil imports from Russia surged to a record 2.70 million barrels per day in June, accounting for over 50% of its total oil imports, as refiners increased purchases of discounted Russian crude to offset supply disruptions in the Middle East. Despite the growth in Russian imports, India's overall crude intake remained steady at around 4.9 million bpd, with diversifications from the US, Oman, West Africa, and South America. The shift reflects India's strategic efforts to manage supply risks amid geopolitical tensions and the ongoing effects of Western sanctions on Russian energy exports.

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India's Russian oil imports rise in May as refiners boost purchases

the-Hindu • 21d4h

"India's total crude import volumes recorded an 8% month-on-month increase in May. This is partially explained by a 21% month-on-month increase in Russian imports," says CREA

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India steps up Russian oil buying; crude imports from Moscow rise 21% in May: Report

times-of-india • 21d7h

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India steps up Russian oil buying; crude imports from Moscow rise in May: Report

times-of-india • 21d7h

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India remains number 2 Russian oil buyer in May

times-of-india • 21d12h

CREA said India imported Russian hydrocarbons worth a total of 5.8 billion euros ($6.7 billion) and crude oil constituted 83% of the purchase. China remained biggest importer of Russian energy with purchases totalling nearly 7 billion euros ($8.1 billion), the report said.

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