Archive · 8 Sep 2025
India Likely to Maintain Russian Crude Oil Purchases
India is likely to keep buying cheap oil from Russia, even though the US isn't happy about it.
India's main concerns are getting the best price and making sure it has enough energy.
Russian oil is currently the cheapest option, with discounts over $3 a barrel.
Even though the US is pressuring India to stop buying Russian oil, the country will continue to do so.
India is also buying more oil from the US, but Russian oil still accounts for the vast majority of their imports.
This is all happening because of economics and strategic priorities.
India's crude oil imports from Russia remain stable despite geopolitical pressures.
Government officials emphasize that economics and energy security are key priorities.
Russian crude offers discounts over $3 per barrel, making it the most viable choice.
August 2025 figures reflect contracts made in July, with the real impact appearing in late September.
India has increased its crude oil purchases from the US during 2025.
- Who
- India
- What
- Crude Oil Imports from Russia
- When
- August 2025 and beyond
- Where
- India
- Why
- Economics, energy security, and strategic autonomy
Pro-Diversification
Pro-Russian Crude
Energy Security
Pro-Diversification
Refiners expected to diversify to balance affordability with energy security.
Pro-Russian Crude
Economics and existing deals prioritize Russian crude.
- Russian Crude Discount
- Over $3 per barrel, potentially 5%
- India's Russian Crude Imports (2024)
- 1.769 mb/d (average)
- India's Russian Crude Imports (Jan-Aug 2025)
- 1.768 mb/d (average)
- US Crude Oil Imports (9M 2025)
- 282,000 b/d (average)
- US Crude Market Share (July 2025)
- 7.72% of India's total imports
Sources
Global Watch | The Irony Of Sanctions: As The West Funds Russia, India Safeguards Global Economic Order
‘India didn’t buy Russian oil before Ukraine invasion’: Peter Navarro gets fact-checked amid Elon Musk beef
Ukraine's Govt Building Catches Fire In Fresh Russian Attack
SIIMA 2025: Rashmika Mandanna, Shriya Saran, Meenaakshi Chaudhary Among Best Dressed
We Have A Major Trade Deficit With China Which Is Ballooning..: Kanwal Sibal | News18 | World News
India unlikely to pivot from Russian crude oil as discounts remain key
