Sharp Rise In Russian Crude Oil Amid Falling Totals

Sharp Rise In Russian Crude Oil Amid Falling Totals

India witnessed a sharp rise in crude oil imports from Russia in March 2026, surging 90% compared to previous time. Despite this spike, the nation's overall oil imports dropped by 15%. The decline is largely linked to the ongoing war in West Asia, which has disrupted global supply routes, offsetting increased inflows from Russia and tightening overall imports.