Share of Russian crude in India’s oil imports falls to lowest since November 2022; Middle East supplies rise
India has significantly reduced its reliance on Russian crude oil, with January imports hitting their lowest point since late 2022. This shift sees Middle Eastern suppliers, particularly Saudi Arabia, regaining prominence as India diversifies its energy sources. The move aligns with international pressures and India’s commitment to strategic autonomy.🕒 1 min read
India has significantly reduced its reliance on Russian crude oil, with January imports hitting their lowest point since late 2022. This shift sees Middle Eastern suppliers, particularly Saudi Arabia, regaining prominence as India diversifies its energy sources. The move aligns with international pressures and India’s commitment to strategic autonomy.
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