{"id":624792,"date":"2026-06-25T08:15:00","date_gmt":"2026-06-25T08:15:00","guid":{"rendered":"https:\/\/buglecall.org\/?p=624792"},"modified":"2026-06-25T08:15:00","modified_gmt":"2026-06-25T08:15:00","slug":"indias-imports-of-russian-oil-set-for-new-record-high-2","status":"publish","type":"post","link":"https:\/\/buglecall.org\/?p=624792","title":{"rendered":"India’s Imports Of Russian Oil Set For New Record High"},"content":{"rendered":"

India’s Imports Of Russian Oil Set For New Record High<\/span><\/p>\n

\n

India is set to import a record-high volume of Russian crude in June as the Hormuz crisis and the U.S. waivers on Russia\u2019s barrels have pushed the world\u2019s third-largest crude importer to gorge on Moscow\u2019s oil again,\u00a0OilPrice<\/a>\u00a0reported.<\/p>\n

India has imported 2.6 million barrels per day (bpd) of Russian crude oil so far in June, according to preliminary vessel-tracking data from commodity analytics firm Kpler cited by Indian media<\/a>.<\/p>\n

So far this month, Russian crude has accounted for as much as 53.5% of all Indian oil imports<\/strong>, per the data.\u00a0 \u00a0<\/p>\n

\n

Russian crude now makes up HALF of India\u2019s oil imports in June!
\nIndia is importing 2.66 million barrels per day of Russian oil \u2014 which is nearly 40% higher than May.
\nThis has strengthened Russia\u2019s position as India\u2019s largest oil supplier.
\nKey Points:
\n\u2022 Russian oil share has\u2026 pic.twitter.com\/A5zWie3U4B<\/a><\/p>\n

\u2014 Dr. Rakesh Bansal (@iamrakeshbansal) June 22, 2026<\/a><\/p><\/blockquote>\n

India\u2019s full-month imports of Russian crude are set for a record-high of 2.35 million bpd in June for any month ever, Kpler has estimated. This would exceed the previous record of 2.2 million bpd from May 2023.\u00a0<\/p>\n

Going forward, Russian crude will remain a key source of supply for India even if the U.S. does not extend the waiver for Russian crude already loaded on tankers, analysts say. Which is odd because when viewed from the other side, the picture is a mirror image<\/strong>: as shown in the chart below, Russian crude oil exports to India have reportedly plunged to just 555kb\/d in the last week, the lowest volume in 4 years.<\/p>\n

\"\"<\/a><\/p>\n

In other words, there is a disconnect in the data.\u00a0<\/p>\n

In any case, last week, as it announced the memorandum of understanding with Iran, the U.S. quietly let the waiver on Russian oil sales expire<\/a> without renewing it.<\/p>\n

\u201cIndia\u2019s imports remained strong through June, supported by continued discounts and steady refinery demand,\u201d Sumit Ritolia, manager, modelling and refining at Kpler, told Financial Express.<\/p>\n

\u201cRegardless of whether the US waiver is extended, we expect India\u2019s imports of Russian crude to remain robust, even if not at record-high levels.\u201d<\/p>\n

India turned en masse to Russian oil in 2022, when the U.S. and the EU imposed sanctions on Moscow due to the invasion of Ukraine. Four years later, India is a major buyer of Russia\u2019s crude, and Russia is India\u2019s single-largest oil supplier.<\/p>\n

As supply from the Middle East crashes, India is also buying\u00a0growing volumes<\/a>\u00a0of crude from West African producers Nigeria and Angola, as well as from South American producers Brazil and Venezuela.<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nThu, 06\/25\/2026 – 04:15<\/span><\/p>","protected":false},"excerpt":{"rendered":"

India’s Imports Of Russian Oil Set For New Record High India is set to import a record-high volume of Russian crude in June as the Hormuz crisis and the U.S. waivers on Russia\u2019s barrels have pushed the world\u2019s third-largest crude importer to gorge on Moscow\u2019s oil again,\u00a0OilPrice\u00a0reported. India has imported 2.6 million barrels per day… Continue reading India’s Imports Of Russian Oil Set For New Record High<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":624789,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[18,19,10,21,12,11,9],"tags":[],"class_list":["post-624792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cancel-culture","category-censorship","category-civil-liberties","category-election-integrity","category-equal-justice","category-free-speech","category-religious-freedom","entry"],"_links":{"self":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts\/624792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=624792"}],"version-history":[{"count":0,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts\/624792\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/media\/624789"}],"wp:attachment":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=624792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=624792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=624792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}