India-Russia trade

Russia loses top oil supplier spot in India as Saudi Arabia surges

Russia is losing its position as India’s largest oil supplier after its share of Indian imports fell in January to the lowest level since late 2022, while shipments from the Middle East climbed to their highest share over the same period, Reuters reported on Feb. 18.

19 February, 04:25 PM

Tanker Furia idles in Baltic Sea after loading Russian crude for India

The Russian oil tanker Furia, en route to India with a cargo of Urals crude, abruptly reversed course and is now idling in the Baltic Sea, signaling potential disruptions in oil trade between the two countries following the U.S.'s recent sanctions on Moscow, Bloomberg reported Oct. 29.

29 October 2025, 02:29 PM

India's HAL inks pact with sanctioned Russian UAC to build planes

India's state-owned Hindustan Aeronautics Ltd signed an agreement with Russia's sanctioned United Aircraft Corporation to jointly produce the SJ-100 passenger jet domestically for the first time, a move that risks straining New Delhi's ties with the West, Reuters reported on Oct. 28.

29 October 2025, 11:50 AM

After U.S. talks, major Russian oil buyer to slash imports by 50% — White House

The United States and India held what the White House called productive trade talks that will lead Indian refineries to cut their imports of Russian oil by 50%, Reuters reported on Oct. 16, citing a U.S. official.

17 October 2025, 01:10 PM

Russia and India launch joint military drills

Russia and India have begun their joint military exercises, Indra 2025, in northwestern India, Reuters reported on Oct. 7.

8 October 2025, 08:16 AM

India to continue importing Russian oil, finance minister says

India, one of the biggest sources of revenue for Moscow, will continue purchasing Russian crude despite punitive U.S. tariffs, Reuters reported on Sept. 5, citing Indian Finance Minister Nirmala Sitharaman.

6 September 2025, 02:04 AM

India to increase Russian oil imports in September despite U.S. tariffs

Indian oil refineries plan to boost purchases of Russian crude by 10% to 20% in September, traders told Reuters on Aug. 28, even after the United States imposed new 50% tariffs on Indian imports.

29 August 2025, 02:04 AM

Indian refiners plan slight cut to Russian crude purchases - Bloomberg

India’s oil refiners — among the largest buyers of Russian crude — plan to scale back purchases in the coming weeks, less than a day before U.S. tariff increases take effect, Bloomberg reported on Aug. 26.

26 August 2025, 12:15 PM

India scales back Russian oil purchases

State-owned Indian refineries will not buy Russian crude during the next purchasing cycle, in apparent reaction to U.S. tariff pressure, Bloomberg reported on Aug. 7.

7 August 2025, 09:37 PM

India boosts Russian crude imports to two-year high

India’s imports of Russian crude oil climbed to 2.15 million barrels per day in April 2025, marking the highest monthly volume since May 2023, Bloomberg reported on April 22, citing data from analytics firm Kpler.

22 April 2025, 04:28 PM

India ramps up U.S. oil imports while Russian crude faces new hurdles

India dramatically increased its oil imports from the United States in January, making Washington the fifth-largest oil supplier to New Delhi, Reuters reported on Feb. 18.

18 February 2025, 05:17 PM

India-Russia trade