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Russia Supplied India Abundantly with 'Black Gold' Amidst Hormuz Oil Crisis
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Russia Boosts India's Energy Security Amid Hormuz Crisis, Sends 'Black Gold' in Bulk
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News18
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30-03-2026, 16:15
Russia Boosts India's Energy Security Amid Hormuz Crisis, Sends 'Black Gold' in Bulk
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Russia diverted oil and gas tankers to India after the Strait of Hormuz closure, now sending large quantities of coal.
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India significantly increased imports of high-quality Russian coal to power its industries and power plants.
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Coal imports from Russia surged by 25% in the first three weeks of March compared to February, and 50% year-on-year.
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Energy experts predict further increases in Russian coal imports due to escalating Middle East tensions and Red Sea threats.
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Russian coal is crucial for India to meet peak summer electricity demand, prevent power cuts, and control energy prices.
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