Sticky business: India's purchases of Russian oil

Energy Daily

Published

New Delhi (AFP) Aug 6, 2025

India is the second largest buyer of Russian oil, saving itself billions of dollars on discounted crude - a key source of revenue for Moscow's military offensive on Ukraine. When war broke out in 2022, India jumped at the opportunity of cheap crude, and imports from Russia surged. That has infuriated US President Donald Trump, who has threatened India with higher tariffs, prompting New

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