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    <title>Aaj TV English News - Business &amp; Economy</title>
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    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Thu, 02 Jul 2026 12:48:29 +0500</pubDate>
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      <title>Russia buys gasoline from India to tackle shortages, sources say</title>
      <link>https://english.aaj.tv/news/330461897/russia-buys-gasoline-from-india-to-tackle-shortages-sources-say</link>
      <description>&lt;p&gt;&lt;strong&gt;Russia has started seaborne imports of gasoline from India, two industry ​sources said on Wednesday, in an effort to mitigate fuel shortages triggered by ‌Ukrainian attacks on its energy infrastructure.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;Fuel shortages are being felt across Russia’s 11 time zones with rationing, long queues at filling stations and a record gasoline price increase.&lt;/p&gt;
&lt;p&gt;The Kremlin said on Tuesday that Russia was in contact with ​other countries and discussing imports of fuel at acceptable prices.&lt;/p&gt;
&lt;p&gt;Russia’s energy ministry and India’s ​oil ministry did not immediately respond to requests for comment.&lt;/p&gt;
&lt;p&gt;An industry source said ⁠at least 60,000 metric tons of gasoline have been dispatched from India to Russia.&lt;/p&gt;
&lt;p&gt;Another ​source said that two tankers, with parcels of 30,000 to 40,000 tons each, have been sent.&lt;/p&gt;
&lt;p&gt;A third ​source said that in total, Russia plans to import 400,000 tons of gasoline from various countries each month, including from neighbouring Belarus, which has already been exporting fuel to Russia.&lt;/p&gt;
&lt;p&gt;Gasoline consumption in Russia is at least 110,000 ​tons per day in summer, when demand for fuel is high.&lt;/p&gt;
&lt;p&gt;It is not clear which ​Indian refiner will be supplying gasoline to Russia.&lt;/p&gt;
&lt;p&gt;President Vladimir Putin acknowledged on Sunday at a meeting with government ministers and other ‌officials ⁠that Ukrainian drone strikes on oil refineries had triggered fuel shortages in some regions, but said that Russia was dealing with them.&lt;/p&gt;
&lt;p&gt;Belarus almost tripled gasoline rail supplies to Russia to more than 70,000 tons in the first half of June versus the first half of May, according to Reuters ​calculations and sources.&lt;/p&gt;
&lt;p&gt;Russia’s parliament approved amendments ​to its tax ⁠code last week aimed at tackling the fuel shortages due to Ukrainian drone attacks, while also offering subsidies on fuel imports, pegged to Indian ​delivery costs and prices.&lt;/p&gt;
&lt;p&gt;India’s crude oil imports from Russia surged to a record ​high in ⁠June, ship tracking data from LSEG and Kpler showed, as refiners snapped up Russian barrels to mitigate the impact of the Strait of Hormuz closure on other sources of supply.&lt;/p&gt;
&lt;p&gt;Russian oil accounted for more ⁠than half ​of India’s overall imports in June, up from 36.5% ​in May, the Kpler data showed.&lt;/p&gt;
&lt;p&gt;India, the world’s third-largest oil importer, received about 2.70 million barrels per day of oil ​from Russia in June, preliminary data from Kpler and LSEG showed.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>Russia has started seaborne imports of gasoline from India, two industry ​sources said on Wednesday, in an effort to mitigate fuel shortages triggered by ‌Ukrainian attacks on its energy infrastructure.</strong></p>
<p>Fuel shortages are being felt across Russia’s 11 time zones with rationing, long queues at filling stations and a record gasoline price increase.</p>
<p>The Kremlin said on Tuesday that Russia was in contact with ​other countries and discussing imports of fuel at acceptable prices.</p>
<p>Russia’s energy ministry and India’s ​oil ministry did not immediately respond to requests for comment.</p>
<p>An industry source said ⁠at least 60,000 metric tons of gasoline have been dispatched from India to Russia.</p>
<p>Another ​source said that two tankers, with parcels of 30,000 to 40,000 tons each, have been sent.</p>
<p>A third ​source said that in total, Russia plans to import 400,000 tons of gasoline from various countries each month, including from neighbouring Belarus, which has already been exporting fuel to Russia.</p>
<p>Gasoline consumption in Russia is at least 110,000 ​tons per day in summer, when demand for fuel is high.</p>
<p>It is not clear which ​Indian refiner will be supplying gasoline to Russia.</p>
<p>President Vladimir Putin acknowledged on Sunday at a meeting with government ministers and other ‌officials ⁠that Ukrainian drone strikes on oil refineries had triggered fuel shortages in some regions, but said that Russia was dealing with them.</p>
<p>Belarus almost tripled gasoline rail supplies to Russia to more than 70,000 tons in the first half of June versus the first half of May, according to Reuters ​calculations and sources.</p>
<p>Russia’s parliament approved amendments ​to its tax ⁠code last week aimed at tackling the fuel shortages due to Ukrainian drone attacks, while also offering subsidies on fuel imports, pegged to Indian ​delivery costs and prices.</p>
<p>India’s crude oil imports from Russia surged to a record ​high in ⁠June, ship tracking data from LSEG and Kpler showed, as refiners snapped up Russian barrels to mitigate the impact of the Strait of Hormuz closure on other sources of supply.</p>
<p>Russian oil accounted for more ⁠than half ​of India’s overall imports in June, up from 36.5% ​in May, the Kpler data showed.</p>
<p>India, the world’s third-largest oil importer, received about 2.70 million barrels per day of oil ​from Russia in June, preliminary data from Kpler and LSEG showed.</p>
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      <category>Business &amp; Economy</category>
      <guid>https://english.aaj.tv/news/330461897</guid>
      <pubDate>Thu, 02 Jul 2026 10:19:35 +0500</pubDate>
      <author>none@none.com (Reuters)</author>
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        <media:title>Signs inform of non-working fuel pump nozzles at a petrol station, as according to local officials, some regional filling stations face gasoline shortages due to production cuts at major refineries, amid the Russia-Ukraine conflict in Rostov-on-Don, Russia. -- Reuters</media:title>
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