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Russia Now Supplies Over 4x More Crude to India Than Its Nearest Rival
Times of India·Thursday, 2 July 2026
India imported over 240 million barrels of crude oil from Russia in the four months since the US-Iran conflict began, making Russia its dominant supplier by a wide margin. The UAE, India's second-largest supplier in that period, sent just over 58 million barrels — less than a quarter of Russia's volume. The Hormuz oil shock has accelerated India's reliance on Russian crude.
Why It Matters
India's oil import mix directly affects fuel prices, energy security, and India's foreign policy balancing act between the West and Russia.
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