India Falls to Third Place in Russian Oil Imports
India has slipped to the third position among importers of Russian crude oil, with China now leading. This shift reflects changing global energy dynamics and market strategies.
India has slipped to the third position among importers of Russian crude oil, with China now leading. This shift reflects changing global energy dynamics and market strategies.
India's imports of Russian crude oil fell sharply by 29% month-on-month in December, hitting the lowest level since price cap implementation. However, January shows a strong turnaround with over 1.1 million barrels already imported by mid-month.
India dropped to third among buyers of Russian fossil fuels in December 2025 as Reliance Industries and state refiners sharply cut crude imports following new US sanctions, data shows.
India's imports of Russian fossil fuels fell to 2.3 billion euros in December, down from 3.3 billion euros in November, pushing the country to third place among buyers.
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India's Russian crude imports are expected to fall to 1.2 million barrels per day in December, down from November. However, the trade relationship remains structurally strong despite the monthly decline.