BusinessIndia Boosts Gulf Oil Imports Amid Russia Supply Drop
India's oil imports from Russia, its largest supplier, fell for the second consecutive month in September. To compensate, India increased crude oil imports from Gulf countries like Iraq, Saudi Arabia, and Qatar. Despite the Strait of Hormuz crisis, India used ship-to-ship transfers to secure supplies, raising Gulf countries' share in India's total oil imports from 26% in August to 36.7% in September.
News18Hi Business·

