India Has Imported $168 Billion in Russian Oil Since Start of Ukraine War

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India has imported $168 billion worth of Russian oil since the start of the Ukraine war, making it the second-largest buyer behind China, with significant revenue for Russia.

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Market impact analysis based on bearish sentiment with 80% confidence.

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80%
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India has imported $168 billion worth of Russian crude oil since Putin invaded Ukraine in February 2022, according to data from Finland-based Centre for Research on Energy and Clean Air (CREA). India’s oil imports from Russia since the war in Ukraine began have reached 144 billion euros, or $168 billion, per CREA’s estimates reported by Indian media outlets. India has been the second-biggest buyer of Russian oil behind China. Russia, for its part, has continued to receive massive revenues from the energy it sells to China,…

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المقال الأصلي منشور بواسطة OilPrice.com في يناير 7, 2026.
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