finance
Russia offers increased oil and LNG supplies to India amid Middle East crisis
Russian first deputy prime minister Denis Manturov told Indian officials Russian firms can increase oil and LNG flows to India as Strait of Hormuz disruptions raise energy prices, and both sides discussed wider trade and energy cooperation.
Apr 3rd 2026 · India
Insights
- Russia said its companies can steadily raise crude oil and liquefied natural gas exports to India.
- Manturov held talks with Indian leaders on trade, energy, fertilizers, and civil nuclear cooperation.
- Strait of Hormuz disruptions have pushed up energy prices and disrupted India's gas and LPG imports.
- India has operated refineries above full capacity and diversified suppliers to protect consumers.
- Russia reported fertilizer shipments to India rose 40% by the end of 2025 and pledged further deliveries.
Sources
- Can Russia help fill the global energy gap? www.aljazeera.com
- Oil, LNG supplies: Top Russian official Manturov signals fuel support for India timesofindia.indiatimes.com
- Russia plans to step-up energy supply to India – Will it offset Middle East volatility? timesofindia.indiatimes.com
- How Russia fits into India’s plan to secure LPG supplies from Hormuz www.rt.com