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Business Summary

India slashed U.S. and Russian oil in September, coinciding with ‘Russia Sanctions Act’; import from UAE increases

Government data shows that India’s oil sourcing remains highly concentrated, with just Russia and the UAE accounting for 60% of oil imports

By Storywire Newsdesk Published
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India slashed U.S. and Russian oil in September, coinciding with ‘Russia Sanctions Act’; import from UAE increases
India slashed U.S. and Russian oil in September, coinciding with ‘Russia Sanctions Act’; import from UAE increases — image via The Hindu Business feed — Credit: Storywire

Attributed summary

Government data shows that India’s oil sourcing remains highly concentrated, with just Russia and the UAE accounting for 60% of oil imports

Read the original report — The Hindu Business

Storywire publishes attributed summaries for discoverability. Full reporting remains with the original publisher — we do not republish restricted full text.

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