India's Russian Oil Imports Remain High Despite Fresh US Sanctions

India spent €2.5 billion on Russian crude oil in October, maintaining its position as the second-largest buyer after China, according to a report by a European think tank. The sustained high volume of imports comes just before the US imposed new sanctions on major Russian oil producers Rosneft and Lukoil. The data highlights India's continued reliance on discounted Russian energy to meet its domestic needs, balancing its strategic interests amid Western pressure on Moscow.