June 11, 2026

energy security in India

India's crude basket: More Middle East, less Russia; after Trump's sanctions, what's next for Moscow's oil shipments?

India’s crude basket: More Middle East, less Russia; after Trump’s sanctions, what’s next for Moscow’s oil shipments?

admin04 mins

India has transformed its crude sourcing strategy, reducing Russian crude barrels while increasing its Middle Eastern shipments. Though Moscow still has a share in New Delhi’s oil inflows, the volumes are down due to compliance risks.Data from analytics firm Kpler shows that in the first three weeks of January 2026, the country imported about 1.1…

Read More
India's Russian oil trade: US secretary claims India 'geared down and stopped'; threat of 500% tariff legislation looms

India’s Russian oil trade: US secretary claims India ‘geared down and stopped’; threat of 500% tariff legislation looms

admin03 mins

US Treasury Secretary Scott Bessent claimed that India has scaled back purchases of Russian oil following trade action taken by President Donald Trump, linking New Delhi’s move to the imposition of tariffs by Washington.Speaking at the World Economic Forum in an interview with Fox Business, Bessent, talking about the Russian Sanctions Bill, said India began…

Read More