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Russian oil supply to India tightens on reduced exports, strong Chinese demand

1 source · first seen 15:57 28 Sept · updated 15:57 28 Sept

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Part of a developing story10 updates over 4 days

India’s Russian oil exposure and supply shift

US tariff pressure over Russian oil put India in focus as the US-China trade truce was extended; replacing 1 million barrels per day of Russian crude could cost India up to $3.7 billion annually. Russian supplies had helped cushion disruptions, but September imports fell to a five-month low as refiners diversified and sought alternatives.

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1 report · earliest 15:57
ReutersRussian oil supply to India tightens on reduced exports, strong Chinese demand15:57