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India Russian crude imports drop 20 percent in April after March spike
Economy
Published on 27 April 2026
A short US waiver and Iran-linked shipping helped March surge
India’s Russian crude imports cooled in April, falling 20% month-on-month to 1.57 million barrels per day after a March jump. The surge had been supported by floating cargoes amid the Iran conflict and a temporary US sanctions waiver, but that tailwind faded, pulling volumes back in April.
- April Russian crude imports fell 20% to 1.57 mbpd
- March rise was boosted by floating cargoes during Iran conflict
- A temporary US sanctions waiver helped sustain demand in March
- April volumes normalize as the waiver effect fades
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times