India, Russia fuel oil battle: West Asia crude imports soar like never before – here’s why​on February 23, 2026 at 11:57 pm

Between February 1 and 18, India’s average crude oil imports stood at 48.5 million barrels per day, down eight percent from January’s 52.5 million barrels per day. This decline came as the United States imposed sanctions on Russian oil exporters, affecting shipments. Between February 1 and 18, India’s average crude oil imports stood at 48.5 million barrels per day, down eight percent from January’s 52.5 million barrels per day. This decline came as the United States imposed sanctions on Russian oil exporters, affecting shipments.