Russia’s share in India’s oil imports jump to all-time high of 48% despite 100% tariffs threat from U.S.
India's crude oil imports from Russia reached a record 48% in June 2026, despite potential U.S. legislation that could impose 100% tariffs on such purchases. While India's overall oil import volume decreased, its reliance on Russian energy continues to grow.
Why it matters
This highlights a significant geopolitical friction point between India's energy security strategy and U.S. foreign policy sanctions regarding Russia.
At a time when the U.S. looks all set to enact legislation to impose a tariff of up to 100% on India for its Russian oil imports, an analysis of the latest data shows Russia’s share in India’s oil imports rose to an all-time-high of 48% in June 2026.
Editorial | Oil conundrum: On India’s energy imports from Russia
The U.S. Senate last week passed the bipartisan Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 which seeks to levy tariffs of up to 100% on countries that continue to buy Russian oil and gas, and that were the largest purchasers of these products from Russia over the previous year. India qualifies for tariffs under these criteria.
The Bill still requires to be passed by the U.S. House of Representatives before it becomes law.
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