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Signal · Supply Chain & Logistics

India's crude imports hit 2026 high in September as Gulf supplies surge despite Hormuz risks

The Economic Times - Industry Trade press Published 2nd October 2026 India

Open original report economictimes.indiatimes.com

What the source reported

Source-reported

India’s crude oil imports rose to a 2026-high of 5.26 million barrels per day in September as Gulf supplies surged, with Iraq becoming the country’s second-largest supplier after Russia. Increased flows through the Strait of Hormuz have offered Indian refiners more access to Middle Eastern crude amid pressure to diversify from Russian oil.

Publication
The Economic Times - Industry · Trade Publication
Published
2nd October 2026
Original report
economictimes.indiatimes.com

ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.

What ProcIntel recorded

ProcIntel-derived
Category
Supply Chain & Logistics
Geography
India
Organisations
None identified
Collected
2nd October 2026 · 22:47

Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.

Significance 2 · Moderate
Confidence 2 · Low

Initial Significance Moderate (30.0/100). Strongest contributor: Procurement Impact (12.0/30 points). Limiting factor: Likely Event Severity (3.0/30 points). Initial Confidence Low (31.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Corroboration (2.5/25 points).

Strongest contributor
Procurement Impact
Limiting factor
Likely Event Severity