Categories: BUSINESS

Share of Russian crude in India’s oil imports falls to lowest since November 2022; Middle East supplies rise

India has significantly reduced its reliance on Russian crude oil, with January imports hitting their lowest point since late 2022. This shift sees Middle Eastern suppliers, particularly Saudi Arabia, regaining prominence as India diversifies its energy sources. The move aligns with international pressures and India’s commitment to strategic autonomy.
Sumitra

Recent Posts

US stocks today: Wall Street swings as AI jitters, weak consumer sentiment weigh on markets

US stocks saw mixed trading as consumer confidence dipped and AI's impact on earnings remained…

1 day ago

Infosys-Anthropic pact reignites question: Turning AI risk into opportunity for Indian IT?

Infosys shares jumped significantly following a strategic partnership with Anthropic, integrating Claude AI models into…

1 day ago

India’s exports to US drop 22% due to Trump’s 50% tariffs; overall trade data suggests signs of resilient market diversification

According to GTRI, the latest trade figures for January 2026 reflect the significant impact of…

2 days ago

Six of top-10 firms lose over Rs 3 lakh crore in market cap; TCS, Infosys hit hard

Top Indian firms saw over Rs 3 lakh crore wiped off their market value last…

3 days ago