Russia has begun seaborne gasoline imports from India as fuel shortages linked to Ukrainian strikes intensify, even as India’s June imports of Russian crude rose to a record 2.70 million bpd.
Russia has started importing gasoline by sea from India to ease fuel shortages after Ukrainian attacks on refining and other energy infrastructure, according to industry sources. At least 60,000 metric tons have been dispatched, with one source saying two tankers carrying 30,000 to 40,000 tons each were sent, while another said Russia plans to import 400,000 tons a month from various countries including Belarus. The development coincides with India’s Russian crude imports rising to a record 2.70 million barrels per day in June, preliminary Kpler and LSEG data showed, leaving Russia with more than half of India’s overall oil imports, up from 36.5% in May, as Indian refiners sought to offset supply risks tied to the Strait of Hormuz closure.