India dismissed concerns over potential US sanctions on Russian oil imports, with Oil Minister Hardeep Singh Puri saying the country can meet its crude needs from other sources. Russia now supplies 40 per cent of India’s oil, up from just 0.2 per cent in 2022
Early rains in June reduced fuel demand in India, with diesel consumption falling after two months of growth. Petrol and LPG sales slowed slightly from May, while ATF rose year-on-year. Weather and rural activity influenced these shifts
