Chinese 100, 50, 20, 10 and 5 yuan bills and Russian 1,000 and 100 ruble bills - Sputnik International, 1920
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Russia Remains India’s Primary Oil Supplier Despite Decline in Volumes

© POOL / Go to the mediabankRussian President Vladimir Putin and Indian Prime Minister Narendra Modi
Russian President Vladimir Putin and Indian Prime Minister Narendra Modi - Sputnik International, 1920, 12.02.2026
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NEW DELHI (Sputnik) - Russia remains India's largest oil supplier, Russian Ambassador Denis Alipov said in an interview with Sputnik.
"Despite Western opposition and a temporary decline in volumes to 1.2 million barrels per day in December-January, we remain India's largest oil supplier," Alipov said.
He said that with account for the significant discounts on Russian grades, the benefits for the local oil refining industry are obvious.
"We assume that Russia will retain its status as a major energy supplier, and that entrepreneurs will be able to adjust the existing format of cooperation with account for the current situation," Alipov said.
A Russian national flag and flags with the logo of Rosatom flutters at the construction site of a cooling tower at the Kursk II nuclear power plant near the village of Makarovka outside Kurchatov, Kursk region, Russia - Sputnik International, 1920, 11.01.2026
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