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India Imports ₹3.3 bn Russian Fossil Fuels in November 2025

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In recent news, India went on to import ₹3.3 billion worth of Russian fossil fuels in November 2025, which is second only to the ₹5.4 billion purchases made by China, as per the Centre for Research on Energy and Clean Air – CREA in Helsinki.

The imports from India stood at ₹3.1 billion in October 2025. The increase of Russian fossil fuels in November 2025 from India was driven due to increase in crude oil imports to ₹2.6 billion from ₹2.5 billion and also coal imports to ₹457 million from ₹351 million as compared to the previous month. Imports of refined oil products also went on to edge up to ₹236 million from ₹222 million.

It is quite a known fact that Washington has been pressuring India to halt its purchases of Russian crude and has also imposed an additional 25% tariff on the Indian exports to the US as part of its pressuring campaign. The US went on to sanction the top two oil exporters of Russia – Rosneft as well as Lukoil—in October 2025 with the aim to disincentivize the buyers of Russian oil and also squeeze revenues of Moscow. Simultaneously, Washington is also pressing Ukraine to go ahead and accept a deal that could bring an end to the three-year-old war with Russia.

The sanctions have started to affect the flow of Russian oil in the global markets. In November 2025, total crude export revenues saw a decline of 6% month-on-month to ₹216 million per day.

If we take a look at the figures, with purchases of ₹3.1 billion, China still remained the largest buyer when it comes to Russian crude in November 2025. It also imported coal for ₹899 million, refined products worth ₹513 million, pipeline gas amounting to ₹463 million, and LNG at ₹390 million. Türkiye, on the other hand, imported ₹675 million of pipeline gas, ₹290 million of crude oil, and ₹622 million of oil products, as well as ₹232 million of coal, from Russia in November 2025.

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