Russia remains largest supplier of crude to India in February, Saudi Arabia close second

Russia still rules India’s oil chart and Middle East war may keep the flow coming from Moscow

India's crude oil landscape is shifting as Russia retains its title as the top supplier. Meanwhile, Saudi Arabia is ramping up its exports, narrowing the margin. Unfortunately, the ongoing tensions in West Asia are jeopardising key supply routes. This precarious situation compels India to explore alternative sources and possibly face domestic fuel limitations.

Russia remains largest supplier of crude to India in February, Saudi Arabia close second

Saudi Arabia significantly boosted crude oil supplies to India in February, nearly matching Russia's top position. This surge, the highest in six years, reflects a shift by refiners away from some Russian volumes. However, ongoing Gulf disruptions may force India to seek alternative import ...