Analysts and officials say that even with new U.S. sanctions threatening tariffs of up to 100% on major Russian energy buyers, India is unlikely to quickly replace its long-time ally Russia's oil supply amid global supply constraints. India relies on imports for over 85% of its crude oil needs, with Russia being a key source. UN data shows that Russia will be India's largest crude oil supplier in 2025, accounting for 33% of India's crude oil imports by value. A report from the Centre for Energy and Clean Air (CREA) shows that India imported €4.8 billion (approximately $5.46 billion) worth of Russian fossil fuels in August, making it the second-largest buyer of Russian fossil fuels.
