Energy
India Boosts Middle East Oil Imports, Cuts Russian Flows
India has ramped up its crude oil imports from the Middle East while reducing purchases of Russian crude, Indian media have reported, citing data from Kpler.
AI Summary
India has increased its crude oil imports from the Middle East, while its purchases of Russian crude have fallen, according to data cited by Indian media from Kpler. The shift comes amid a U.S. threat to impose 100 % tariffs on Russian oil, but India says it will not completely halt Russian imports. The move reflects a rebalancing of supply sources rather than a full disengagement from Russia.
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