Subscribe to Newsletter to get latest insights & analysis in your inbox. Download the ETEnergyworld App and get the Realtime updates and Save your favourite articles. Russia’s share of India’s overall oil imports fell to around 21.2 per cent, the lowest proportion since October 2022.Analysts expect Russian crude flows to India to continue declining gradually through March as refiners diversify their sources. Import levels in February are forecast to average about 1 million to 1.2 million bpd, easing further to around 800,000 bpd in March, according to energy analysts.To compensate for reduced volumes from Russia, Indian refiners have tapped other supply sources. Increased purchases from the Middle East have also lifted the overall share of OPEC oil in India’s import mix to an 11-month high.The change in India’s import pattern comes amid Western sanctions tied to Russia’s invasion of Ukraine and ongoing geopolitical pressures, alongside efforts to secure trade and energy ties with other partners.
Source: Economic Times February 19, 2026 04:43 UTC