India’s Oil Imports Stabilise In June 2026 With Record Russian Supplies Driving Recovery
India’s crude oil imports have stabilised in June 2026, crossing 5 million barrels per day, with Russia supplying a record 2.7 mbd—over half of India’s total intake—while Gulf flows slowly recover after the Strait of Hormuz disruption.This surge reflects discounted Russian barrels, subdued Chinese demand, and refinery adjustments, ensuring India’s energy security despite lingering West Asian
India’s crude oil imports have stabilised in June 2026, crossing 5 million barrels per day, with Russia supplying a record 2.7 mbd—over half of India’s total intake—while Gulf flows slowly recover after the Strait of Hormuz disruption.This surge reflects discounted Russian barrels, subdued Chinese demand, and refinery adjustments, ensuring India’s energy security despite lingering West Asian
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