Rosneft’s Russian-flagged crude oil tanker Vladimir Monomakh. India’s crude oil imports from Russia fell to $2.7 billion in December 2025, the bottom stage in 38 months, information confirmed. |Photograph offered by: Reuters
India’s crude oil imports from Russia hit a 38-month low of $2.7 billion in December 2025, based on an evaluation of the newest information, with Russian crude accounting for lower than 1 / 4 of India’s imports, down from 34% only a month in the past. Imports from the USA elevated by almost 31% in comparison with December 2024.
The newest information got here at a time when US President Donald Trump and his crew had repeatedly insisted final week that India would cease shopping for oil from Russia in trade for the US decreasing tariffs on Indian imports from 50% to 18%.
Nonetheless, India has neither confirmed nor denied this specific allegation. As an alternative, it claimed to be diversifying its power sources “consistent with goal market situations and the evolving worldwide state of affairs.”
Imports from Russia decreased
India’s Russian oil imports amounted to $2.7 billion as of December 2025, 15% lower than the import worth in December 2024, and 27.1% lower than the import worth of $3.7 billion in November 2025.
Consequently, Russia’s share of India’s complete oil imports fell to 24.9% in December 2025, the bottom stage in three years. By way of amount, India’s imports have been 5.8 million tons, the bottom stage since February 2025.
Diversification of provide
India imported oil value $569.3 million from the US in December 2025. This was 60.5% decrease than the import worth in November 2025, as oil imports from the USA surged to a seven-month excessive in November. Oil imports from the USA elevated by almost 31% in comparison with December 2024.
By way of quantity, India imported 1.1 million tonnes from the US in December 2025, a rise of 58% from December final yr.
Total, in December 2025, India dynamically diversified its oil imports, sourcing crude from 19 international locations, up from 16 international locations in December 2024. Of those 19 international locations, 10 have elevated their share of India’s crude oil basket, whereas 9 have seen a decline of their share.
