India is fulfilling friendship with Russia, 11 months record in oil purchases, clear message given to opponents
All over the world Despite protests from many countries of K, India is playing friendship with Russia. India has reached a record high of 11 months of oil from Russia. According to data -based data based on the monitoring of the oil ship’s oil ship’s oil ship’s oil ship, India imported Russian crude oil (BPD) in June, which is the highest since July 2024. European Research Institute Center for Research on Energy and Clean Air said India’s global imports fell by six percent in June, while imports from Russia increased by eight percent on a monthly basis, which reached its highest level since July 2024.
India imports 85% of its needs
The research institute said that more than half of these imports made from Russia was India’s three refineries, which also exported to G7 Plus countries. ” India imports more than 85 percent of its need, which is converted into fuel like petrol and diesel in refineries.
Oil imports from Gulf countries decreased
In June, India imported around 8,93,000 barrels per day (BPD) crude oil from its second largest supplier Iraq, a 17.2 percent decline on a monthly basis. Import from Saudi Arabia was 5,81,000 barrels per day (almost unchanged from May), while imports from the United Arab Emirates (UAE) increased by 6.5 percent to 4,90,000 barrels per day. Iraq contributed 18.5 percent to India’s oil imports, followed by 12.1 percent of Saudi Arabia and 10.2 percent of the United Arab Emirates. According to Capler, the US remains India’s fifth largest crude oil supplier, which has an import volume of about 3,03,000 barrels per day and market share of 6.3 percent.
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