India’s Russian oil imports drop 55% in November, lowest since June 2022: Report

India's imports of Russian crude oil plummeted 55% in November 2022, the lowest since June, though Russia remained India's top supplier. This drop coincided with an 11% decrease in India's total crude imports. Despite sanctions and price caps, Russia continued exporting, with China and India as major buyers, accounting for 47% and 37% of exports respectively.

Dec 16, 2024 - 14:30
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India’s Russian oil imports drop 55% in November, lowest since June 2022: Report
India's imports of Russian crude oil plummeted 55% in November 2022, the lowest since June, though Russia remained India's top supplier. This drop coincided with an 11% decrease in India's total crude imports. Despite sanctions and price caps, Russia continued exporting, with China and India as major buyers, accounting for 47% and 37% of exports respectively.

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