From The Economic Times · Dipanjan Roy Chaudhury · · 1m 10s
Russian Crude Shields India from Oil Shocks
Deputy FM says Russia's oil supplies helped India avoid energy crises from West Asian war disruptions.
In brief
Deputy FM says Russia's oil supplies helped India avoid energy crises from West Asian war disruptions. India's Russian crude imports nearly doubled to 2.25 million barrels per day in March 2026 after West Asian conflict disrupted oil flows through Strait of Hormuz. Originally reported by The Economic Times.
Russia's Oil Role
Russian crude oil supplies enabled India to handle oil-supply delays after West Asian conflict disrupted energy flows through the Strait of Hormuz.
“Russian crude oil supplies enabled India to handle oil-supply delays after the conflict in West Asia disrupted energy flows through the Strait of Hormuz”
Rudenko's Statement
Deputy Foreign Minister Andrey Rudenko said existing arrangements between India and Russia significantly mitigated consequences of global energy trade disruptions.
“existing arrangements between India and Russia helped significantly mitigate the consequences of disruptions to global energy trade”
Kudankulam Plant
India and Russia built Kudankulam Nuclear Power Plant and will soon allocate another site for Russian-designed nuclear facility.
“Kudankulam Nuclear Power Plant built in collaboration with Russia”
Import Surge
India's Russian crude imports nearly doubled to 2.25 million barrels per day in March 2026 following West Asian conflict.
“India’s Russian crude imports nearly doubled from the previous month to 2.25 million barrels per day (bpd)”
Gulf Shipments Plunge
Gulf shipments to India reportedly plunged after West Asian conflict disrupted Strait of Hormuz traffic.
“Gulf shipments to India reportedly plunged following the war”
US Sanctions Concerns
India raised concerns with USA about Russia and Iran Sanctions Act threatening 100 per cent tariff on Russian oil purchases.
“Russia and Iran Sanctions Act threatening 100 per cent tariff for purchasing Russian oil”
What it means
India's Russian crude imports nearly doubled to 2.25 million barrels per day in March 2026 after West Asian conflict disrupted oil flows through Strait of Hormuz.
