India's crude imports hit 2026 high in September as Gulf supplies surge despite Hormuz risks

· economictimes.indiatimes.com

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.

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