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Signal · Regulation & Trade

India's Russian crude imports hit record for second straight month

The Economic Times - Economy Trade press Published 10th August 2026 India

Open original report economictimes.indiatimes.com

What the source reported

Source-reported

India's Russian crude oil imports reached a record in July, increasing by 2.1 percent. This surge was primarily fueled by smaller import terminals across the country. Larger terminals like Jamnagar saw stable volumes, while Paradip experienced a decline. India remains a significant buyer of Russian fossil fuels, second only to China. This trend highlights India's continued reliance on discounted Russian energy supplies.

Publication
The Economic Times - Economy · Trade Publication
Published
10th August 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
Regulation & Trade
Geography
India
Organisations
None identified
Collected
10th August 2026 · 14:24

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 (22.0/100). Strongest contributor: Procurement Impact (6.0/30 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