India's Middle East Crude Oil Imports Surge 32% in September to Pre-War Levels
Source Summary
India's crude oil imports from the Middle East jumped to 2.8 million barrels per day in September, up 32% from August and reaching the highest level since February, according to vessel-tracking data. Middle Eastern oil accounted for 54% of all Indian crude imports last month. The rebound reflects higher volumes transiting the Strait of Hormuz, while Indian imports from Russia declined due to competition from China.
Why it matters
The shift reflects India's diversification of crude sources away from Russia and toward Middle Eastern suppliers, with direct implications for global oil trade flows and regional energy security.
