Indias Oil Purchases Shift: Drops to Third-Largest Buyer of Russian Crude as December Imports Decline
Summary India’s oil imports have undergone a significant shift, with the country recently becoming the world’s third-largest buyer of Russian crude oil as of late 2025. Historically, India’s crude oil imports were dominated by Middle Eastern countries, but the onset of the Russia-Ukraine conflict and resulting Western sanctions on Russian energy exports led India to […]
