indian oil imports

Trump sanctions impact: India’s crude oil imports from Russia set to hit 4-year low; but how long will the drop last?

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India’s Russian crude imports may hit a four-year low in January 2026 due to US sanctions, forcing refiners to seek alternatives. Despite pressure, Russia is ...

India second largest importer of Russian crude oil in October; China ranks first – when will impact of Trump’s sanctions be seen?

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Despite US objections, India continues to be a major buyer of Russian crude oil, ranking second globally in October with $2.5 billion in purchases. This ...

50% US tariffs: Indian refiners look to cut back on Russian crude imports; Trump claims India to stop buying oil from Moscow

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India is reportedly planning to gradually reduce its Russian oil imports, a move influenced by US pressure and tariffs. While refiners await official directives, the ...

No impact of Trump pressure? Russia remains India’s main crude oil supplier; most economical option for Indian refiners

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India’s crude oil imports from Russia slightly decreased in September but still comprised over one-third of its total acquisitions, with Russia remaining the top supplier. ...

Trump’s 50% tariffs: Indian refiners may trim Russian crude purchases; but India signals no plans to stop Russia oil trade

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Indian refiners plan to slightly decrease Russian crude oil imports in the coming weeks. While maintaining energy ties with Moscow, projected purchases will fall from ...

Over 20% of Russia’s war-period crude exports! India bought about Rs 13.39 lakh crore in Russian oil; trails China’s Rs 193 billion

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Since early 2022, India’s Russian oil purchases have reached ₹132 billion, constituting 20% of Russia’s oil export earnings. While China leads in overall fossil fuel ...

‘Heard India not going to buy Russian oil,’ claims Donald Trump; calls it ‘good step’ – watch

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Donald Trump claimed India halted Russian oil imports, calling it a “good step,” despite earlier threats of tariffs for continued trade with Russia. He also ...

India’s Russian oil imports hit 11-month high in June; refiners stock up amid Middle East conflict: Report

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India’s crude oil imports from Russia surged to an 11-month high in June, reaching 2.08 million bpd, driven by refiners bolstering inventories amid geopolitical tensions. ...

‘Oil prices would have hit $120-130’: India says its oil imports from Russia helped global markets; Hardeep Puri hits out at critics

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Hardeep Puri, India’s Petroleum Minister, asserts that India’s continued Russian oil imports have stabilized global energy prices. Discontinuing this trade would have caused prices to ...