India sharply increased crude oil imports from the Middle East in September, restoring supplies to pre-war levels, while purchases of Russian oil fell as competition from China intensified and price discounts narrowed, ship-tracking data showed.
Middle Eastern crude accounted for about 54% of India's total oil imports in September, up from 32% in August, as shipments through the Strait of Hormuz picked up following supply disruptions caused by the Iran war.