Expert Predicts India's Russian Oil Imports May Hit 1.5 Million BPD Amid West Asia Conflict
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West Asia War May Boost India's Russian Oil Imports to 1.5M BPD: Experts
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News18•04-03-2026, 17:30
West Asia War May Boost India's Russian Oil Imports to 1.5M BPD: Experts
•The ongoing West Asia war could significantly increase India's demand for Russian crude oil, potentially reaching 1.5 million barrels per day (bpd).
•Experts project peak import levels of 1.5 million bpd or more for 2024-2025, contingent on Russian oil companies ramping up drilling.
•India's rising purchases are attributed to its sensitivity to energy import prices and physical oil shortages from West Asia disruptions.
•Deputy PM Alexander Novak noted increased demand from India, a view echoed by expert Maxim Malkov.
•If the conflict intensifies, the US might support more Russian oil into the market to stabilize prices, potentially pushing India's imports to 1.5-2 million bpd.
