Back on top: Russia reclaims position as key oil exporter to India, China

Russia regained its position as the largest oil supplier to India in March 2026, with exports reaching 2 million barrels per day — the highest level since June 2025, according to OPEC data cited by TASS.

Saudi Arabia ranked second in supplies to India with 606,000 barrels per day, followed by Angola at 330,000 barrels per day. India’s total crude oil imports in March fell to 4.49 million barrels per day.

At the same time, China’s crude oil imports declined from 12.51 million barrels per day in February to 11.76 million in March.

Russia remained the largest supplier to China with a 20% share, followed by Saudi Arabia at 12% and Malaysia at 11%.

By Jeyhun Aghazada