Narrative thread · 1 event
Russian oil in India
Where things stand
Russian crude now makes up a record 48 percent of India's oil imports, according to The Hindu, even as Washington readies tariffs of up to 100 percent. Indian refiners are at the same time widening their sourcing.
India has become one of the largest buyers of Russian crude, and Washington is trying to curb those purchases by threatening tariffs of up to 100 percent. The dispute sets the United States against New Delhi and its refiners, who draw a growing share of their oil from Russia.
Timeline in detail
Tuesday, 11 August 2026 · EconomyRussia's share of India's oil imports climbs to record 48 percent
Russian crude reached an all-time high of 48 percent of India's oil imports even as Washington prepares tariffs of up to 100 percent, The Hindu reported. Indian refiners are at the same time broadening their sourcing because of market volatility, TASS reported, citing local media.