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    Home > Finance > Russian oil supplies to India recover in March, sources say
    Finance

    Russian oil supplies to India recover in March, sources say

    Published by Global Banking & Finance Review®

    Posted on March 12, 2025

    1 min read

    Last updated: January 24, 2026

    Russian oil supplies to India recover in March, sources say - Finance news and analysis from Global Banking & Finance Review
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    Quick Summary

    India's Russian oil imports rebounded in March after a decline, aided by non-sanctioned vessels and diversions from Turkey, easing supply issues.

    Russian Oil Supplies to India Recover After Decline

    By Nidhi Verma

    NEW DELHI/MOSCOW (Reuters) - India's Russian oil imports recovered in March, returning near usual levels after a 3-month decline, as non-sanctioned vessels were delivering cargoes, while some supplies have been diverted from Turkey, according to five trade sources and shipping data.

    The resumption of Russian oil supply to the world's third-largest oil importer and consumer is easing a supply crunch caused by stringent U.S. sanctions imposed on Moscow for the invasion of Ukraine, cooling prices for rival Middle East grades. [CRU/M]

    (Reporting by Nidhi Verma in NEW DELHI and Reuters reporters in MOSCOW; Editing by Florence Tan and Louise Heavens)

    Key Takeaways

    • •India's Russian oil imports recovered in March.
    • •Non-sanctioned vessels are delivering cargoes.
    • •Some supplies diverted from Turkey.
    • •Eases supply crunch caused by US sanctions.
    • •Affects Middle East oil prices.

    Frequently Asked Questions about Russian oil supplies to India recover in March, sources say

    1What is the main topic?

    The article discusses the recovery of Russian oil imports to India in March after a decline, aided by non-sanctioned vessels and diversions from Turkey.

    2Why did Russian oil imports to India decline?

    The decline was due to stringent U.S. sanctions imposed on Moscow for the invasion of Ukraine.

    3How does this affect global oil prices?

    The resumption of Russian oil supply to India eases the supply crunch, cooling prices for rival Middle East grades.

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