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India’s Crude Imports Sink Despite Record Russian Oil Buying
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India’s total crude oil imports declined by 13% in March from February as the Iran war crippled Middle Eastern supply that couldn’t be offset by record-high Russian oil imports. India, the world’s third-biggest crude oil buyer, imported a total of 4.5 million barrels per day (bpd) of crude in March, down by 13% from pre-war levels, according to shipping and industry sources' data cited by Reuters. While India’s imports of crude from the Middle East fell materially, imports from Russia surged and almost…
Original article published by
OilPrice.com
on April 21, 2026.
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