India’s March oil imports dip on West Asia war, Russian volumes hit record high: data
Image for representational purposes only. File
| Photo Credit: Reuters
India’s crude oil imports fell 13% in March from pre-war levels in February, with half coming from Russia, after the U.S.-Israeli conflict with Iran halted West Asian shipments via the Strait of Hormuz, shipping data showed.
The world’s third-largest oil importer and consumer imported 4.5 million barrels per day (bpd) of crude in March, the data obtained from industry sources showed.
Published – April 21, 2026 10:05 pm IST
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