India remained the second-largest buyer of Russian fossil fuels in January 2026, according to data released by the Centre for Research on Energy and Clean Air (CREA).
India imported €2.2 billion ($2.59 billion) worth of Russian energy, with crude oil forming 78% of total purchases.
India imported about 1.2 million barrels per day of Russian oil in January 2026.
The European Union (EU) ban on oil products refined from Russian crude came into effect on January 21, 2026.
Despite sanctions and price restrictions, Russia continued to remain a major supplier in India’s energy basket, while China ranked as the largest buyer of Russian fossil fuels during the same period.