Indian oil companies cut Russian crude orders for December
Indian oil companies are significantly reducing their Russian crude orders for December 2025, after new US sanctions and higher tariffs made things complicated.
Big names like Reliance Industries and Bharat Petroleum aren't placing orders for next month, as the US recently doubled tariffs on Indian goods to 50% in August and cracked down on Russia's top oil suppliers.
Indian refiners turning to US, Persian Gulf countries instead
With some refiners still buying a little Russian oil, most are now shopping around—turning to the US, the Americas, and Persian Gulf countries instead.
Even though Russian oil is cheaper, stricter checks make deals tougher.
Recent talks with Saudi Aramco and Abu Dhabi National Oil Co. show India is serious about finding stable alternatives and not putting all its eggs in one basket.