India’s Russian Crude Imports Plunge Amid US Sanctions, Yet Adaptive Strategies Persist
India’s imports of Russian crude oil have declined sharply following the imposition of stringent US sanctions on major Kremlin-linked exporters, including Rosneft and Lukoil, which took effect on 21 November 2025.In November, imports averaged 1.8 million barrels per day, representing over 35 per cent of India’s total crude oil mix and marking a five-month high as refiners stockpiled ahead of the
India’s imports of Russian crude oil have declined sharply following the imposition of stringent US sanctions on major Kremlin-linked exporters, including Rosneft and Lukoil, which took effect on 21 November 2025.In November, imports averaged 1.8 million barrels per day, representing over 35 per cent of India’s total crude oil mix and marking a five-month high as refiners stockpiled ahead of the
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