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India's crude imports hit 2026 high in September as Gulf supplies surge despite Hormuz risks
Indias crude oil imports rose to a 2026-high of 5.26 million barrels per day in September as Gulf supplies surged, with Iraq becoming the countrys second-largest supplier after Russia. Increased flows through the Strait of Hormuz have offered Indian refiners more access to Middle Eastern crude amid pressure to diversify from Russian oil.
Synopsis
India’s crude oil imports rose to a 2026-high of 5.26 million barrels per day in September as Gulf supplies surged, with Iraq becoming the country’s second-largest supplier after Russia. Increased flows through the Strait of Hormuz have offe... [3134 chars]
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