Russian crude flows to India slump 32% in August amid supply squeeze
- Posted on August 18, 2026
- By Financial Express
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- 1 min read
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Russian crude flows to India slump 32% in August amid supply squeeze
India’s Russian crude imports dropped nearly 32% in August amid Moscow's production cuts and drone attacks, raising crude costs and pushing refiners to source more from West Asia. Supply constraints threaten refinery margins as oil prices rise.