India’s Russian Crude Oil Imports Continue to Be Robust

• India’s crude oil imports of Russian crude oil remain robust, with 1.8 million barrels per day currently.

• This increase is a provisional increase of 2,50,000 barrels per day from September.

• Russian crude remains India’s largest single source of crude, accounting for about 34% of the overall share.

• Kpler suggests that U.S. President Trump’s initial comments suggesting India reduce Russian crude imports are likely pressure tactics linked to trade negotiations.

• Substitution from Moscow would require rapid scaling from multiple suppliers at higher costs.

• Despite a push for diversification, Russian contracts are typically signed 6-10 weeks before arrival.

India Russian Oil is important topic for Civil service exam (WBCS).

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