Published: Mar 21, 2026, 16:45 IST | Updated: Mar 21, 2026, 16:45 IST
India’s crude oil imports from Russia are set to hit record highs as the ongoing Gulf crisis and Iran-related tensions disrupt supplies through the strategic Strait of Hormuz. With shipping risks rising and Middle Eastern flows tightening, Indian refiners are increasing purchases of discounted Russian crude to ensure energy security.