The Daily Journal — After months of disruptions caused by the conflict between the United States and Iran, India restored normal oil import levels during June. Record shipments from Russia, along with increased supplies from Angola, Iran, Venezuela, Brazil, and the United Arab Emirates, helped offset logistical bottlenecks stemming from the closure of the Strait of Hormuz.
According to a report by the digital outlet Energy World, India imported slightly more than 5 million barrels per day (mbd) so far in June, exceeding the average of 4.9 million barrels per day that it purchased between April 2025 and February 2026, according to energy cargo tracker Kpler.
However, figures from India’s Ministry of Petroleum differ somewhat from Kpler’s estimates, which place average imports at 5 mbd.
During this period, Indian refiners expanded their search for suppliers amid the conflict in the Middle East. As a result, the United Arab Emirates became India’s second-largest crude oil supplier, delivering 573,000 barrels per day, while Saudi Arabia ranked third with shipments of 358,000 barrels per day.
Venezuela has also strengthened its position as a key crude oil supplier since March. The country now ranks as India’s fourth-largest oil supplier so far in June, with shipments reaching 292,000 barrels per day, equivalent to 6% of the Asian nation’s total oil imports.
