India’s crude import bill up 26% in ’26-27 Q1 despite 18% volume fall
After publishing: 1 headline quietly rewritten1 change
- Times of Indiaseen 29 Aug, 16:44headline rewritten
Russia has oil, so why is it importing petrol from IndiaFuel paradox: Russia has oil, so why is it importing petrol from India?
What it is about
Who published it, and when
6 reports left out of the cascade - too little in common with the story to place
How it spread - 27 original reports
Fri, 7 August 2026
1 report- Times of India22:32first to report
In the first quarter of the year, India's crude oil import bill surged by twenty-six percent compared to last year, reaching forty-nine billion dollars, up from thirty-nine billion. Despite an eighteen percent drop in import volumes, rising oil prices, fueled by ongoing conflicts, significantly impacted costs. Russia emerged as India's primary crude supplier, contributing over forty percent, and refiners incurred substantial war-risk premiums to ensure a reliable energy supply.
Thu, 13 August 2026
1 report- Times of India14:51
According to GTRI’s analysis, in June India imported crude oil worth $14.8 billion from all sources, of which $7.2 billion came from Russia. This translated into a Russian share of 48.6%.
Fri, 14 August 2026
1 report- Ukrinform (Ukraine)17:21
Russia supplied more than half of India's oil imports in July. Russian oil shipments increased by 62% year-on-year, reaching a new record.
Wed, 19 August 2026
3 reports- Times of India06:20
The surge in available crude following the temporary truce had also increased the discounts offered on Russian and Venezuelan oil. Since then, the discount on Russian crude has largely disappeared, while the price reduction on Venezuelan barrels has narrowed substantially.
- Times of India10:21
Russia is importing refined fuel from Asian nations this month. Ukrainian attacks on its oil refineries have reduced domestic fuel production significantly. India supplies about one-third of these crucial refined fuel imports. These shipments use ship-to-ship transfers to obscure their origins. Russia has also tightened its own fuel export curbs to manage shortages.
- Times of India14:17
With their own operations unaffected by attacks or shipping restrictions, refineries in India and the US have increased exports to markets that previously depended heavily on supplies from the Middle East and Russia.
Fri, 21 August 2026
1 report- Times of India13:20
Oil products now account for a much larger share of India's exports to several destinations. India has about 258.1 million tonnes of installed refining capacity across 23 refineries. It is the fourth-largest refining centre globally after the US, China and Russia.
Tue, 25 August 2026
1 report- Times of India10:58
What happens when the world stops buying Iran oil due to the threat of secondary sanctions? Where will India procure crude from if it faces tariffs of up to 100% for its Russian crude oil imports? The Middle East crisis has pushed Russia’s share in India’s crude oil basket to over 50%.
Wed, 26 August 2026
2 reports- thehindubusinessline.com06:31
The shift in Indian processors’ buying patterns coincides with an expected increase in nationwide demand as a spate of plant maintenance comes to an end, enabling refiners to boost run rates and step up production.
- oilprice.com12:30
India’s Russian crude imports are set to fall sharply from July’s record as Russian supply constraints and competition from China push refiners toward alternative suppliers.
Sat, 29 August 2026
1 report- Times of India09:01edited after publishing
previously
Russia has oil, so why is it importing petrol from IndiaRussian petrol stations are rationing fuel due to Ukrainian drone attacks on refineries. These strikes have disrupted domestic fuel supplies, causing shortages across the nation. Russia is now importing finished petrol from countries like India to meet demand. This unusual trade flow highlights the difference between crude production and refining capacity. The ongoing refinery damage strains Russia's energy system supporting its economy.
Sun, 30 August 2026
1 report- Times of India05:41
India's role as a major gasoline supplier to Russia has surged recently, particularly after Ukrainian drone strikes impacted Russian refinery activities. In August, Russian gasoline imports hit unprecedented levels, with India emerging as a central contributor. Much of this gasoline was transported using sanctioned ships and involved intricate transfer practices. Increased crude oil imports from Russia by India are likely driving this expanded gasoline export relationship.
Mon, 31 August 2026
1 report- Times of India10:20
Russia’s seaborne gasoline imports climbed to a record level of around 125,000 barrels per day (kbd) in August, which would amount to about 470,000 tonnes for the month. Reports suggest that Indian refiners supplied as much as 1 million barrels of gasoline to Russia over the past two months.
Wed, 2 September 2026
1 report- Times of India22:15
Thu, 3 September 2026
2 reports- La Repubblica (Italy)08:04
Dai microchip ai pezzi di ricambio per i caccia, così i beni a doppio uso civile e militare arrivano in Russia passando dall’aeroporto di Malé. Lo rivela il Wall Street Journal: i sospetti sul traffico illegale nascono dal fatto che l’import di Mosca dall’arcipelago nell’Oceano Indiano è salito da meno di 7 milioni di dollari nel 2021 a 630 milioni nel 2022
- Kyiv Post (Ukraine)20:00
While Indian Prime Minister Narendra Modi publicly urges Russian leader Vladimir Putin to end the war in Ukraine, New Delhi is silently deepening its strategic and economic ties with Moscow. In this video, we break down the changing equation of India-Russia relations: from record-breaking Russian crude oil imports (exceeding 2.6 million barrels per day) to India supplying refined gasoline back to Russia, trade imbalances, and alternative transport corridors like the INSTC and...
Fri, 4 September 2026
3 reports- Kyiv Post (Ukraine)06:41
Putin argued that crude exports make economic sense as oil prices rise, but Russia’s fuel shortages, imports and damaged refineries tell a different story.
- bne IntelliNews09:31
India continues to import crude oil, as well as other hydrocarbons and commodities from Russia even as the risk of Western and especially US sanctions mount.
- Times of India15:36
Lawmakers are concerned that the legislation could give President Donald Trump broader authority to impose tariffs and potentially push oil prices higher. Meanwhile, India’s reliance on Russian crude has increased sharply and is at record levels.
Sun, 6 September 2026
1 report- Google News - Europe query06:22
India Captures 60% Of Europe’s Eastern Diesel Transit As US, Russia Exports Plunge NDTV Profit
Mon, 7 September 2026
1 report- Bloomberg Politics01:00
Russia is ready to supply India with as much oil as it needs to meet its energy requirements, the Kremlin’s envoy to New Delhi said, while denouncing plans to intensify sanctions on Moscow’s oil sales as “pressure tactics.”
Tue, 8 September 2026
4 reports- Times of India12:53
- Times of India13:34
Even as Russia remains India’s largest crude oil supplier, the US has emerged as the biggest LPG exporter for India and the trend is likely to continue despite higher costs if Middle East supplies remain uncertain.
- latintimes.com18:14
Brazil Is Quietly Becoming China's Favorite Oil Supplier — Here's Why
- indiatimes.com18:52
State oil companies are grappling with substantial bulk diesel sales losses as numerous large customers pivot to retail pumps to evade soaring prices. This behavioral shift echoes past trends observed during the US-Iran conflict. The surge in diesel rates is fueled by global supply shortages and elevated crude prices, prompting smaller contractors and businesses to adapt by purchasing through retail channels to mitigate fuel expenditures.
Wed, 9 September 2026
2 reports- thehindubusinessline.com14:08
Indian diesel exports to Europe soar in August, driven by Jazan Refinery outage and Russia's diesel ban, benefiting Reliance Industries.
- Novinky (Czechia)17:58
Rusko je připravené dodávat Indii tolik ropy, kolik bude potřebovat, vzkázal Washingtonu ruský velvyslanec v Dillí Denis Alipov. Zároveň ostře zkritizoval snahu Spojených států zpřísnit tlak na země nakupující ruské suroviny.