Indian refiners are helping Russian exporters absorb record crude supplies, with large volumes routed to the South Asian market. Vessel-tracking data show India ports received Russian crude at an average of more than 2.3 million bpd last month; deliveries July-to-date are near that level. Where shipments were nearly zero before the Russia-Ukraine war, India has become a major buyer, easing seaborne build-ups. US sanctions still target some major Russian producers, but buyers continue to source R

Indian refiners are helping Russian exporters absorb record crude supplies, with large volumes routed to the South Asian market. Vessel-tracking data show India ports received Russian crude at an average of more than 2.3 million bpd last month; deliveries July-to-date are near that level. Where shipments were nearly zero before the Russia-Ukraine war, India has become a major buyer, easing seaborne build-ups. US sanctions still target some major Russian producers, but buyers continue to source Russian crude and exports have risen since sanctions introduced late last year, often via intermediaries.