India sourced more than two-thirds of its August oil imports from just three countries
While Russia’s share in India’s oil imports fell to 44%, from a historic high in July, the shares of both the U.S. and the UAE surged, resulting in the cumulative shares of the three countries reached an all-time high
In August 2026, over two-thirds of India's oil imports came from just three countries - Russia, the U.S., and the UAE. This marks a record high share of foreign oil in India's imports. The American and UAE oil imports surged in August, while Russia's share fell to around 44% from a historic peak in July. Despite the overall decrease in India's oil imports to 191.2 lakh tonnes, the high oil prices led to a 25% increase in India's oil import bill compared to August 2025.
Written by urgent.news from The Hindu's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
