India boosts Russian, UAE oil purchases in June ahead of full Hormuz recovery
India has significantly increased its crude oil imports from Russia and the UAE to ensure energy security. This shift follows supply disruptions caused by the closure of the Strait of Hormuz.
Why it matters
The move highlights India's strategic energy diversification and the ongoing geopolitical fragility of global oil supply routes.
India s crude oil imports from Russia surged in June, while shipments from the United Arab Emirates were near-record levels as refiners sought to secure supplies ahead of the full restoration of flows from Gulf producers following the reopening of the Strait of Hormuz , analysts said.
Economic reporting on energy policy; objective presentation of trade data.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in