New Delhi. America has also jumped into the ongoing war between Iran and Israel. Due to this, there is a possibility of fire in the price of crude oil. In such a situation, the Modi government has already taken a big step, sensing the possibility of inflation due to a possible surge in the price of crude oil. According to the report of Capler, a firm analyzing the world markets, the Modi government increased the import of crude oil from Russia in June 2025. According to the information, India bought 20 to 22 lakh barrels of crude oil every day from Russia in the month of June. As a result, even though the price of crude oil in the international market has increased, the price of petrol and diesel in India may remain stable due to the Modi government’s remote.
The data has revealed through the data that in June 2025, India did not buy crude oil from Russia for a month in the last two years. Earlier in May 2025, India bought about 11 lakh barrels of crude oil every day from Russia every day. Statistics are showing that more than 40 percent of the crude oil that India imports now is from Russia. Whereas, earlier India used to buy less crude oil from Russia. India continued to buy more crude oil from Iran, Iraq and other countries. After the start of Ukraine’s war, India started buying more crude oil from Russia. Now the import of crude oil from Russia has reached a record level.
Caller’s report also states that India has procured about 2 million barrels of crude oil every day from Saudi Arabia, UAE, Iraq and Kuwait in June itself. It is believed that after the US attack, Iran can now shut down the hormuz strait. This can have a major impact on the movement of crude oil. Iran had earlier threatened that if the US attacked him, it would shut down the hormuz. At the same time, Huti rebels of Iran -backed Yemen have announced that they will target the US and Israeli ships in the Red Sea. This can also create a big crisis of crude oil. At the same time, India is getting crude oil from Russia and it is reaching India without a hormuz strait.
