Share of Russian oil in Indian imports rises to 38%, premium paid jumps 425% in April 2026

Share of Russian oil in Indian imports rises to 38%, premium paid jumps 425% in April 2026
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Russia’s share stood at about 34% in terms of the volume of India’s oil imports in April 2026. At the same time, India’s dependence on oil from the U.S. fell to multi-month lows in terms of both value and volume.

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