India Becomes Second-Largest Buyer of Russian Fossil Fuels as Imports Hit Record EUR 6.4 Bn in October: CREA
New Delhi, Nov. 13 -- India's purchases of Russian fossil fuels rose to a record EUR 6.4 billion in October 2026, driven by higher crude oil imports, helping push Moscow's fossil fuel export revenues to their highest monthly level since December 2022, according to the Centre for Research on Energy and Clean Air (CREA).
India was the second-largest buyer of Russian fossil fuels, with crude oil accounting for 91 per cent of its purchases at EUR 5.8 billion. Coal imports stood at EUR 333 million and oil products at EUR 232 million.
India's Russian crude oil imports increased 10 per cent month-on-month. Imports rose at all three major importing refineries - Vadinar (12 per cent), Jamnagar (22 per cent) and Paradip (28 per cent). The increas...
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