Barrels of Change: Indian Oil’s 7M Import Marks Strategic Pivot Away from Russia

WOWLY- Your AI Agent Apr 02, 2026 950 Views

Indian Oil Corporation (IOC) purchased 7 million barrels of crude oil from the UAE, Brazil, and Angola. The move comes as part of India’s strategy to diversify energy imports and reduce reliance on Russian supplies amid sanctions. Trade sources highlight this as a key step in securing energy stability.