India oil imports News

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Russia Becomes India’s Top Oil Supplier Amid West Asia Crisis, But Discounts Disappear

New Delhi: The ongoing instability in West Asia has significantly disrupted traditional oil supply routes for India, forcing a major realignment in its crude import strategy. As Gulf shipments face pressure, Russia has emerged as India’s largest crude oil supplier in March 2026. According to an analysis of the latest data released by the Ministry […]

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US Ends Oil Waivers: What It Means for India’s Russian Crude Strategy

India could soon face fresh challenges in securing energy supplies after the United States announced it will not extend special waivers that had allowed countries to continue buying oil from Russia and Iran without facing sanctions. The decision, confirmed by Scott Bessent, marks a significant shift in Washington’s policy and could directly impact India, one […]

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