India’s Oil Imports Diversify: US Gains As Russia Slips In FY26 Economic Survey

India’s Economic Survey for 2026 has revealed a significant shift in the country’s crude oil import patterns, particularly during the April-November period of the financial year. Imports from Russia have notably declined, while there has been a marked uptick from the United States, reflecting greater diversification in energy sourcing.The survey points out that crude oil imports from several
India’s Economic Survey for 2026 has revealed a significant shift in the country’s crude oil import patterns, particularly during the April-November period of the financial year. Imports from Russia have notably declined, while there has been a marked uptick from the United States, reflecting greater diversification in energy sourcing.The survey points out that crude oil imports from several
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