India's oil imports from Russia tripled to €5.3B in March 2026.

India's imports of Russian crude oil more than tripled to €5.3 billion in March 2026, driven by a surge in purchases by state-run refiners. This rebound, following a pause, made India the second-largest buyer of Russian fossil fuels that month. The report also noted exports of oil products refined from Russian crude to sanctioning countries like the U.S. and EU.