India’s crude imports from Russia are surging back towards peak levels last seen during the 2022–23 supply realignment, with March volumes rebounding sharply as refiners pivot away from disrupted Middle East flows. Shipments from Russia have already reached 39.9 million barrels in the first 20 days of March, compared with 29.1 million barrels in February, putting imports on track to touch 60–65 million barrels for the full month—levels comparable to the historic highs of over 66 million barrels recorded in May 2023, according to Kpler data.