India’s Iraqi oil imports rise in February, Russian shipments decline
Shafaq News/ India's crude oil imports from Iraq increased in February 2025, according to data from analytics firm Kpler.
India's oil imports from Iraq increased 8.3% this month compared to January, surpassing 1.1 million barrels per day (bpd), the data showed.
Conversely, imports from Russia reportedly fell by 14.9% to an average of about 1.4 million bpd, marking the lowest level since January 2023. Saudi oil shipments to India also declined, slipping 0.7% month-on-month.
According to experts, to compensate for reduced Russian supplies, Indian refiners, the world's third-largest oil consumers, increased purchases from Nigeria, Angola, Mexico, and Colombia, while the decline in Russian imports is attributed to tightened US sanctions.
