15-February-2026
Economy News
 
Russian oil flows to India slump as EU curbs bite; China absorbs record volumes
14-Feb-2026

Shipments of Russian crude to India have taken a big hit in recent weeks, after fresh European Union restrictions on petroleum products derived from such crude forced key Indian export refineries to rethink sourcing. Tanker tracking data show India’s imports of Russian crude fell to 1.1 million barrels per day (mb/d) in January — the lowest level since November 2022 and a steep drop from the 1.7 mb/d average recorded through 2025. In a stark contrast, Russian crude deliveries to China surged to an all-time high last month, underscoring a dramatic redrawing of global oil trade routes.

News Source:- https://www.financialexpress.com/policy/economy/russian-oil-flows-to-india-slump-as-eu-curbs-bite-china-absorbs-record-volumes/4141993/