The delivery volume in March costs 1.6 million tons, which is 2.7 times more compared to the same month of 2024.
In March 2025, India imported oil products from Russia to a record value – over $ 810 million, which has been the highest indicator for all bilateral trade hours. It is known by Rossmi that there is a reference to the review of Indian customs statistics.
It was noted that the volume of supplies in March reached 1.6 million tons, 2.7 times more compared to the same month of 2024. In financial terms, the cost increased three times.
The previous note was recorded in October 2023, when India bought 1.4 million tons of Russian oil products for $ 711 million.
In general, for the first quarter of 2025, India obtained 2 million tons of Russian oil products for $ 1.05 billion. It is 10% more than physical volume and 25% financially compared to the same period of 2024.
In addition to Russia, Iraq also provided significant amount of petroleum products in India – by $ 260.4 million, 7.8 times more than last year. The United Arab Emirates has slightly reduced delivery – by 2.2%, up to $ 129 million, as South Korea increases – 1.7 times, up to $ 128 million.
Remember that in February, Russian Federation oil companies faced growing oil supply problems in India after penalties in the US, which fell into Gazprom NEFT, Surgutneftegaz and more than 180 “Shadow” Fleet Tanks. However, it was later found that India brought Russia’s purchase of oil to a two -Year maximum.
Penalties in Russia pay penalties and builds oil supply in Asia – Media
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.