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Russian oil flows to India slump; China seizes the moment
Financial Express Pune
|February 14, 2026
SHIPMENTS OF RUSSIAN crude to India have taken a big hit in recent weeks, after fresh European Union (EU) restrictions on petroleum products derived from such crude forced key Indian export refineries to rethink sourcing.
Tanker tracking data show India’s imports of Russian crude fell to 1.1 million barrels per day (mb/d) in January — the lowest level since November 2022 and a steep drop from the 1.7 mb/d average recorded through 2025.In a stark contra
This story is from the February 14, 2026 edition of Financial Express Pune.
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