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The Times of India

Business / The Times of India

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Russia oil trade: India imported 144bn worth of crude since start of Ukraine war

India has emerged as Russia's second-largest crude oil buyer, importing approximately 144 billion euros since the Ukraine war began. This surge followed Western nations' reduced imports, significantly boosting Russia's fossil fuel earnings. While India's purchases have recently dipped due to fresh sanctions, the trend highlights a major shift in global energy trade dynamics.

6 Jan 2026 7:41 pm