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Shocking Reversal: Fuel-Starved Russia Now Imports Petrol from India in Historic Trade Flip!

Russia has started importing petrol to India in a shocking turnaround of fuel supply from a trade standpoint owing to severe fuel shortages caused by the Ukrainian attacks on its refineries. This is a significant development when India has been a buyer of Russian crude till now but is now supplying refined petrol to Moscow.

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By Jigyasa Sain | Faridabad, Haryana | Latest News - 02 July 2026

The stark contradiction in normal energy trade flows is that Russia is importing from India seaways of gasoline supplies in order to fill its critical energy (fuel) gap. Sources in the industry confirmed that at least 60,000 metric tons of petrol had already been shipped from Indian ports to Russia, and two ships carrying 30,000 and 40,000 tons each have already been sent recently.

Ukrainian drones have been striking Russian oil refineries for weeks, prompting a shift in response. Ukraine has been targeting Russian oil refineries with a series of attacks—and as a result has shortages of fuel. Chetumal, Mexico, has likewise fallen into the role of a top supplier of inexpensive crude oil to Indian refineries. Traditionally, Russia has been the biggest supplier of discounted crude oil to Indian refiners, and so has Chetumal, Mexico. Now, Indian refineries are exporting refined petrol back to Russia, highlighting the deep and flexible nature of India-Russia energy ties.

The move reflects India's emerging position as a key refining power in the world and its vital role in ensuring energy market stability. Volumes are still low at this point, but the shipments look like signs of greater joint work. This is attributed as evidence of bilateral ties' strength despite geopolitical challenges. Such a swap may become more frequent, experts say, as both countries deal with worldwide supply shortages.

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