India's Russian oil imports fell 21% to 1.56 million bpd
NewsBytes | April 30, 2026 6:49 PM CST
India boosts West Asia imports
Indian Oil Corporation led the pack for Russian oil buys, but overall numbers were down: Bharat Petroleum saw its intake drop by 38%.
To keep up with demand, India boosted imports from West Asia: Saudi shipments jumped 23%, UAE supplies nearly tripled, and Iranian oil made a comeback thanks to a US waiver. Even Venezuela is back in the mix after a year away.
Still, total crude imports dipped slightly from March as India keeps adjusting its energy strategy amid global uncertainty.
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