India’s Russian oil imports surge 90% amid Hormuz disruption
India's oil imports from Russia saw a significant 90% jump in March. This occurred as overall oil imports dropped due to supply issues in West Asia. Disruptions in the Strait of Hormuz impacted LPG and LNG supplies. India is now actively seeking n...
The disruption in the Strait of Hormuz, a critical artery for global energy shipments, also triggered a sharp 40% decline in India’s LPG imports and reduced LNG supplies during the month, prompting New Delhi to seek alternative sources.
After muted purchases in December 2025 and January–February 2026, India’s imports of Russian crude rebounded strongly following a 30-day waiver announced by the United States, allowing buyers to receive sanctioned oil cargoes already in transit.
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Imports from African nations such as Angola, Gabon, Ghana and Congo also increased, although their share in India’s overall oil basket remained relatively small.
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India’s LNG imports from Qatar plunged 92% month-on-month after QatarEnergy declared force majeure on supplies under long-term contracts, compounded by the Hormuz disruption. The shortfall was partly offset by higher imports from the United States, Oman, Angola and Nigeria.
Meanwhile, the steep drop in LPG imports was partially cushioned by increased domestic production and supply curbs for commercial and industrial users to prioritise cooking gas availability for over 33.2 crore consumers, the report said.
With inputs from TOI
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