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BUSINESS · NOV 12, 2026

India Persian Gulf Oil Imports Surpass Russian Shipments

India has increased oil imports from the Persian Gulf to 2.1 million barrels per day, overtaking Russian imports for the first time since the U.S.-Iran conflict began.

The Government of India has shifted its energy procurement back toward the Persian Gulf, with imports from the region surpassing those from Russia for the first time since the start of the war between the United States and Iran.

Data from Kpler shows that crude shipments through the Strait of Hormuz reached 2.1 million barrels per day in November 2026. This volume exceeds the 1.8 million barrels per day currently imported from Russia.

The recovery follows a period of severe instability in the Middle East. In April, daily flows through the Strait of Hormuz plummeted to 247,000 barrels, down from a February average of 2.8 million barrels. This collapse occurred as ship attacks effectively closed the waterway during an intensification of the conflict.


Reported across 2 outlets
Actors
Government of IndiaKpler

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