India's imports of Russian crude oil surged to a record 2.7 million barrels per day in June, accounting for more than half of the country's total oil purchases for the first time, according to data.
Record volume and share
The June figure marks a new high for Indian imports of Russian crude. It also means Russian oil now makes up the majority of India's total crude imports — a milestone that underscores a major shift in the country's energy sourcing. The previous record was set just a month earlier, but June's numbers blew past that.
What the data shows
The data, compiled from tanker tracking and port reports, shows that Indian refiners took in 2.7 million barrels per day of Russian crude in June. That's up from around 2 million barrels per day in May. The increase pushed Russia's share of India's total imports above 50% for the first time. India is the world's third-largest oil importer, so the shift has ripple effects across global crude markets.
The record imports come as other major buyers have cut back on Russian oil. India's growing reliance on Russian crude reshapes trade flows and gives Moscow a key outlet for its oil. For India, the steady supply helps meet rising domestic demand. The country's refineries are running near full capacity, and Russian crude has become a staple feedstock.
The trend shows no signs of slowing. Indian refiners have been locking in term deals for Russian oil, ensuring steady volumes in the months ahead. The next monthly import data, expected in a few weeks, will reveal whether July keeps the record pace or if the surge levels off.
