India's Russian oil imports rise in May as refiners boost purchases
Published on: June 14, 2026, 7:30 a.m. | Source: The Economic Times
India continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydrocarbons worth 5.8 billion euros. Crude oil formed the bulk of these imports, with refiners significantly increasing their purchases from Russia. This trend highlights India's strategic energy sourcing amidst global shifts.
