India to Cut Direct Russian Crude Imports from December
India is set to reduce its direct imports of Russian crude oil from late November and into December, in response to upcoming U.S. sanctions on Russian oil producers Rosneft and Lukoil. According to analysts, Indian refiners who currently handle more than half of the country’s Russian imports are expected to comply with the measures ahead of the sanctions’ effectiveness on November 21.
Reason for the Shift
U.S. sanctions aim to block revenue streams to Russia by targeting its two largest oil exporters. India’s crude imports from Russia, which soared to around 1.7 million barrels per day in 2025, will likely face steep reductions. Industry sources suggest Indian firms are already reevaluating contracts and may pivot to alternative supply regions including Latin America, West Africa, and the Middle East.
Implications for Supply & Trade
While direct Russian barrels may drop significantly, analysts say India will still receive Russian crude via more complex intermediary routes. However, these logistics will raise costs and complicate trade. In the near term, India’s energy strategy enters a recalibration phase as it balances geopolitical pressures with its demand for affordable fuel.
