India Becomes the Second-Largest Buyer of Russian Crude Oil, Unaffected by U.S. Threats

Business

Despite repeated warnings from former U.S. President Donald Trump urging India to stop purchasing oil from Russia, New Delhi neither bowed nor backed down. As a result, India has emerged as the world’s second-largest buyer of Russian crude oil after China.

In September alone, India imported crude oil worth approximately ₹25,597 crore from Russia. With this, the country has firmly secured its position as the second-largest buyer, trailing only behind China.

This information was revealed in a new report published by the Helsinki-based Centre for Research on Energy and Clean Air (CREA). According to the report, China purchased crude oil worth 3.2 billion euros during the same period. The report further highlights that China continues to be the largest importer of Russian fossil fuels, followed by India in second place. After these two nations, Turkey, the European Union, and South Korea rank next in line.

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