India's Russian oil buy hits 11-month high in Jun

India’s Russian oil buy hits 11-month high in Jun

India’s import of crude oil from Russia rose to an 11-month high in June as refiners topped up tanks amid the Israel-Iran war, analysts said.

India imported 2.08 million barrels per day (bpd) of Russian crude in June, the highest since July 2024, according to vessel tracking data from global commodity market analytics firm Kpler.

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“While India’s global imports of crude oil dropped by 6 per cent in June, Russian volumes saw an 8 per cent month-on-month rise to their highest levels since July 2024,” European think tank Centre for Research on Energy and Clean Air said. PTI