Russia India oil trade

India helps fuel-starved Russia — and brings back the gasoline export tax

India has raised export duties on diesel and reinstated a levy on gasoline exports while cutting the duty on jet fuel, Business Standard reported.

4 September, 03:38 PM

India boosts Saudi oil imports as U.S. pressure forces cut in Russian crude

India is preparing to import its largest volumes of oil from Saudi Arabia in six years as the White House presses New Delhi to reduce purchases of Russian crude, Bloomberg reported on Feb. 20.

20 February, 06:03 PM

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

Russia expands shadow fleet of nearly 1,000 tankers to skirt sanctions

Russia has built a vast sanctions-evasion network by creating a so-called “shadow fleet” of oil tankers, The New York Times reported on Sept. 22.

22 September 2025, 11:15 AM

Russia India oil trade