India's January crude oil imports from Russia hit three-year low
after close1 source ↓written by the desknot a recommendation
- in January 2026
- 1.1 mb/d
- was driven
- 350,000 b/d
India’s crude oil imports from Russia fell to 1.1 mb/d in January 2026, the lowest in over three years. This decline of 350,000 b/d was driven by US sanctions, forcing refiners to seek alternative supplies. In contrast, Russian crude deliveries to China reached record levels, highlighting shifting trade dynamics.
Not investment advice. For informational purposes only.