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The Hindu

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Watch: Indias Russian oil imports hit 48% as U.S. readies 100% tariffs

Russias share of Indias crude oil imports hit an all-time high of 48% in June 2026, even as the United States moves closer to imposing tariffs of up to 100% on countries buying Russian oil and gas. India imported 8.7 million metric tonnes of Russian crude in June, while overall crude imports fell sharply. The UAE also recorded a historic 17.5% share, meaning Russia and the UAE together accounted for nearly two-thirds of Indias oil imports.

11 Aug 2026 6:40 pm