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Economy News |
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Saudi, UAE lift India supplies via bypass routes; Russia dips 21%, Iraq at zero
01-May-2026
Saudi Arabia and the United Arab Emirates sharply ramped up crude supplies to India in April, leveraging alternative routes to bypass the Strait of Hormuz disruption, even as traditional suppliers dropped out and Russian imports cooled, according to Kpler data.
Saudi shipments rose about 23% month-on-month to 704,000 barrels per day (bpd) in April from 572,000 bpd in March, while the UAE recorded a sharp 191% surge to 591,000 bpd from 203,000 bpd, marking one of the steepest increases among suppliers.
News Source:- https://www.financialexpress.com/policy/economy/saudi-uae-lift-india-supplies-via-bypass-routes-russia-dips-21-iraq-at-zero/4223725/
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