Overview
- India bought $2.5 billion of Russian crude in October, second to China’s $3.7 billion, according to the Centre for Research on Energy and Clean Air.
- India’s total Russian fossil‑fuel imports reached $3.1 billion in October versus China’s $5.8 billion.
- The United States sanctioned Rosneft and Lukoil last month, with analysts and officials expecting measurable effects in December import figures.
- India also imported $351 million of Russian coal and $222 million of oil products, while China remained the leading buyer of Russian coal.
- Turkey ranked third for Russian fossil‑fuel purchases at $2.7 billion, the European Union was fourth at $1.1 billion, and South Korea placed fifth with $215 million dominated by coal.