India & Lukoil
9 shared events · Importance 3 · Last updated Mar 06, 2026
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International
India: India's imports of Russian fossil fuels decreased significantly in December 2025, falling to third place among buyers. This reduction was primarily due to cuts by Reliance Industries and state-owned refiners, impacting India's energy import strategy.
Lukoil: Lukoil, another large Russian oil producer, was also subjected to U.S. sanctions, contributing to the overall reduction in Russian oil imports by Indian companies.
Jan 13, 2026 · 10 articles
International
India: India received a 30-day waiver to purchase Russian oil, providing leeway for its energy security amidst Middle East conflict and allowing it to reroute purchases from Russia.
Lukoil: Lukoil is one of the Russian oil majors that faced US sanctions, contributing to the initial drop in India's oil imports from Russia.
Mar 06, 2026 · 6 articles
International
India: India's energy security and economic interests are prioritized by continuing to purchase Russian crude oil, despite US sanctions waivers. This ensures a stable and affordable energy supply for the nation.
Lukoil: Lukoil, another Russian crude oil supplier, has faced US sanctions, affecting its market access, but India's continued purchases provide a market.
May 18, 2026 · 21 articles
International
Lukoil: Lukoil, a Russian oil firm, has been sanctioned by the United States, impacting India's oil purchases from Russia.
Jan 09, 2026 · 11 articles
International
Lukoil: Lukoil, another leading Russian oil exporter, has been targeted by US sanctions, impacting its sales to Indian companies.
Jan 06, 2026 · 6 articles
NEWSDESK
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