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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.

Source OilPrice AI Summary Updated 2h 36m ago

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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’s barrels have pushed the world’s third-largest crude importer to gorge on Moscow’s oil again. 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 co…

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