Energy & Petrochemicals #crude-oil#india
Russia now supplies more than half of India's crude oil imports, GTRI says
Russia accounted for 52% of India's crude oil imports in July 2026, up from 48.6% in June, according to GTRI. The report says the shift sharply limits India's ability to reduce Russian purchases at short notice, even as the US threatens tariffs of up to 100% on Russian energy.
Aug 13, 2026 1 source