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Russia Stays India’s Top Crude Supplier: August 2026 Imports

29 August 20261 min read
ECONOMYRussia StaysIndia’s Top CrudeSupplier: August2026 Imports29 August 2026safalsetu.com

Why in the news

Russia continued to be India’s biggest oil supplier in August 2026 even as volumes slipped from the earlier record.

Key facts

PeriodRussian crude to India (mbpd)
June 20262.6 (record)
July 20262.6 (record)
August 2026 (expected)About 2.1
  • Share: more than 40% of India’s crude imports come from Russia.

Reasons for the dip

  • Refinery maintenance.
  • Less Russian crude available.
  • Tougher competition from China.
  • The fall is not just weaker Indian demand.

Exam angle

  • Largest crude supplier to India: Russia.
  • Peak: 2.6 mbpd; August 2026 estimate: 2.1 mbpd.
  • Unit: mbpd = million barrels per day.

Test yourself

1. Which country remained India's largest crude oil supplier in August 2026?

Russia remained the top supplier, with over 40% share.

2. What was the record level of Russian crude imports by India in June and July 2026?

The record was 2.6 million barrels per day.

3. Which factor was cited for lower Russian crude imports in August 2026?

Refinery maintenance, lower Russian availability and Chinese competition were cited.

This topic is part of Daily Current Affairs 28 & 29 August 2026 (26 topics).

All topics of the dayDay quizAugust 2026

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