India's Russia oil imports hit new high

India's Russian oil imports surged in June 2026 to a record high, reaching 2.70 million barrels per day. Despite Western sanctions, India continues to rely on Russian oil to compensate for supply disruptions from the Middle East. India's total oil imports remained around 4.9 million barrels per day, with the share of Russian oil increasing to more than half of the imports, up from 36.5% in May. Indian refineries are purchasing Russian oil at discounts and re-export petroleum products, while the country is also working to diversify its supply sources to reduce risks.

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