India’s Oil Imports from Russia Reach New High

In August 2025, India imported the highest amount of crude oil from Russia so far. The main reason is that Russian oil is cheaper compared to many other suppliers. India wants to keep fuel prices stable and make sure there is enough supply for its growing needs.

This decision comes even though some western countries have raised tariffs and sanctions. But India has made it clear that energy security is its top priority, and it will buy oil from wherever it gets the best deal.

Which Indian Companies May Benefit?

Some Indian companies are expected to gain as they refine and sell products made from cheaper Russian oil.

• Indian Oil Corporation (IOC): Lower crude oil prices help the company improve its profit margins.
  
  

• Bharat Petroleum (BPCL): Cheaper imports can reduce costs and support earnings.
  
  

• Reliance Industries: Its large refineries can process discounted Russian crude and sell fuel at good margins.
  
  

• Nayara Energy: Similar to Reliance, this company benefits by refining Russian oil and exporting fuel.
  
  

• MRPL (Mangalore Refinery) & CPCL (Chennai Petroleum): These state-run refiners can also improve profits as long as Russian oil continues to flow steadily.
  
  

Summary

India’s record crude oil imports from Russia in August show that the country is focused on affordable energy. This helps major Indian refiners like IOC, BPCL, Reliance, and Nayara Energy. If supplies continue, these companies may enjoy stronger earnings and stability in the months ahead.