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Key Trends Shaping India’s Oil Market – May 2026 (Newsletter) - Energy Gully
Supply Security India Turns to Russia, Brazil, and Venezuela for Crude: Russia remains India’s top supplier, while imports from Brazil, Venezuela, Nigeria, and Angola are surging to replace lost Middle Eastern barrels. The share of Middle Eastern supply of all Indian purchases had also slumped in March and April.1 India Diversifies Oil Imports to 41 […]
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