India's Middle Eastern crude imports hit a seven-month high of 2.8 million barrels per day in September, accounting for 54% of total supply as the nation pivots away from Russian volumes.
India's crude oil imports from the Middle East surged by 32% in September to 2.8 million barrels per day, marking the highest level since February. This shift indicates a strategic pivot back to Middle Eastern suppliers as competition with China for discounted Russian oil intensifies, directly impacting global trade flow dynamics for Brent crude benchmarks.
India's crude oil imports from the Middle East increased by 32% compared to August.
Middle Eastern oil accounted for 54% of all Indian imports during that month.
India's crude oil imports from the Middle East rebounded to 2.8 million barrels per day in September, marking a 32% monthly increase. This shift reflects a strategic pivot as competition from China forces India to reduce its reliance on Russian oil supplies.
India increased imports from the Middle East to 2.8 million bpd as competition from China made Russian oil less accessible or favorable, prompting a return to traditional regional suppliers.