Monday, 28 September 2026Updated 5m ago
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India has ‘insulated' itself from the 'turbulence' of crude supply shock: Hardeep Singh Puri

1 source · first seen 18:55 28 Sept · updated 18:55 28 Sept

The brief

Written from 1 report · check the source before you trade
  • Supply resilience may ease fuel-cost risks for Indian oil companies and fuel-sensitive sectors

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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 18:55
Economic TimesIndia has ‘insulated' itself from the 'turbulence' of crude supply shock: Hardeep Singh Puri18:55