Oil
India’s Middle East Oil Imports Jumped 32% in September
CEII brief
OilPrice.com reported on 22 Oct 2026: India’s Middle East Oil Imports Jumped 32% in September.
Read the full story on OilPrice.comIndia saw its crude oil imports from the Middle East rebound in September to pre-war levels amid higher volumes exiting the Strait of Hormuz, while competition from China for Russian oil resulted in declining imports from Russia.
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
1.4% of China’s merchandise exports were fuels in 2025Countries in this story
Original reporting © OilPrice.com. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
