International Relations GS 2 In the news 11 times

India-Russia Energy Trade

India's oil imports from Russia surged dramatically after the 2022 Ukraine conflict, as Russia offered steep discounts on crude oil following Western sanctions. Russia became India's single largest crude oil supplier, displacing traditional sources like Saudi Arabia and Iraq.

Key details

Pre-2022: Russia supplied less than 2% of India's crude imports
Peak: India imported approximately 1.8 million barrels per day (bpd) from Russia in October 2025, accounting for roughly 35-40% of total crude imports
Projected reduction: Imports expected to fall to under 1 million bpd by March 2026 amid US pressure
India's total crude import dependence: ~87% of domestic consumption
Key refiners involved: Indian Oil Corporation, Bharat Petroleum, Reliance Industries

In the news

● Tracked since February 15, 2026 · last seen April 18, 2026 · updates as the daily brief publishes

18 Apr '26

US Extends Russia Oil Sanctions Waiver to May 16: India's Energy Imports Get Short-Term Relief

International Relations

16 Apr '26

US Russian Crude Waiver Expires: What It Means for India's Oil Import Strategy

Economics

03 Apr '26

Russia Offers to Scale Up Crude Oil and LNG Supplies to India Amid West Asia Conflict

International Relations

19 Mar '26