{"id":1464657,"date":"2026-11-12T15:45:31","date_gmt":"2026-11-12T13:45:31","guid":{"rendered":"https:\/\/prm.ua\/india-began-buying-more-oil-from-the-persian-gulf-countries-than-from-russia\/"},"modified":"2026-11-12T15:45:31","modified_gmt":"2026-11-12T13:45:31","slug":"india-began-buying-more-oil-from-the-persian-gulf-countries-than-from-russia","status":"publish","type":"post","link":"https:\/\/prm.ua\/en\/india-began-buying-more-oil-from-the-persian-gulf-countries-than-from-russia\/","title":{"rendered":"India began buying more oil from the Persian Gulf countries than from Russia"},"content":{"rendered":"

India has increased its purchases of oil from the Persian Gulf countries since the beginning of November and for the first time since the start of the war with Iran, has surpassed Russian crude imports. One of the reasons was the loss of the price advantage of Russian oil.<\/strong><\/p>\n

OilPrice writes<\/a> about this with reference to Bloomberg and data from the analytical company Kpler.<\/p>\n

India has been receiving about 2.1 million barrels of oil per day from the Gulf countries since the beginning of the month, while supplies from Russia amount to about 1.8 million barrels.<\/p>\n

The situation changed after significantly larger volumes of oil began to pass through the Strait of Hormuz. Previously, hostilities involving Iran had effectively stopped shipping through this route.<\/p>\n

Before the war, India received about 2.8 million barrels of oil per day through the strait. In April, that figure fell to 247,000 barrels due to restrictions on tanker traffic.<\/p>\n

In recent weeks, suppliers have increasingly used ship-to-ship oil transfers, with some of these operations being moved closer to the Indian coast due to a tanker congestion in the Gulf of Oman and the threat of attacks near the Strait of Hormuz.<\/p>\n

In particular, in October, oil transshipment began in the Gulf of Kutch in western India, allowing Gulf countries to maintain supplies to Asian markets despite the risks to shipping.<\/p>\n

At the same time, Russian oil is gradually losing its price advantage. Due to expensive transportation and additional markups, it is becoming more profitable for Indian companies to buy raw materials from Middle Eastern suppliers.<\/p>\n

In late October, one of India’s largest state-owned refiners, Bharat Petroleum Corporation Limited, announced plans to reduce purchases of Russian oil in November. The company explained this by rising delivery costs and more favorable prices for oil from the Middle East.<\/p>\n

Despite this, Russia remains one of India’s main oil suppliers. <\/p>\n

<\/p>\n
\n

Also follow \u201cPryamim\u201d<\/strong> on Facebook<\/a> , X<\/a> , Telegram<\/a> , and Instagram.<\/a><\/p>\n<\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

India has increased its purchases of oil from the Persian Gulf countries since the beginning of November and for the first time since the start of the war with Iran, has surpassed Russian crude imports. One of the reasons was the loss of the price advantage of Russian oil. OilPrice writes about this with reference […]<\/p>\n","protected":false},"author":66,"featured_media":1276576,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[76870,76871,76872],"class_list":["post-1464657","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","category-news-2","category-news-feed"],"_links":{"self":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1464657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/comments?post=1464657"}],"version-history":[{"count":0,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1464657\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media\/1276576"}],"wp:attachment":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media?parent=1464657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/categories?post=1464657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}