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India Business · economictimes.indiatimes.com · Tuesday, 11 August 2026

India's July Russian crude imports set new record, deepening Moscow tie

In July India bought 5.5 billion euros of Russian crude – a 2.1% rise from June and a record 2.8 million bpd, making up 55.5% of its total crude imports. The jump came from smaller terminals, not the big Jamnagar‑Paradip hubs, underscoring how Delhi’s reliance on discounted Russian oil is cementing despite Western sanctions.

Read the source: economictimes.indiatimes.com ↗In the 11 August issue →