Key facts
- India imports more than 85% of its crude oil needs.
- Russia is a key source of India's crude oil imports.
- A new U.S. sanctions measure threatens up to 100% tariffs on major buyers of Russian energy.
India is unlikely to quickly halt its oil purchases from Russia, a key supplier, despite a new U.S. sanctions law that could impose tariffs of up to 100% on major buyers of Russian energy. Analysts and officials suggest that New Delhi may be able to negotiate waivers for these tariffs, especially given global supply constraints. India imports over 85% of its crude oil requirements, making Russia a significant partner in its energy needs. The report from September 29, 2026, indicates that India has not officially stated it will cease these purchases.