Economy Russia’s share in Indian oil imports crossed 40% in May 2026 even as premium pricing continued July 8, 2026 gopalkumarthakur@gmail.com An analysis by The Hindu shows that India also once again began importing oil from Iran and Venezuela in April and continued to do so in May 2026 Related posts: Fitch affirms India’s sovereign rating at ‘BBB-’ on robust growth, solid external finances India, EU to begin next round of talks for trade pact from Oct. 6 in Brussels U.S. “allowing” India to import Russian oil will help mitigate price spikes and delays, say analysts Refiners in India, elsewhere in Asia look to buy Iranian oil after U.S. waives sanctions
