Trump sanctions take effect today: Will India stop buying Russian crude oil? Yes — and no.
US sanctions on Russia's Rosneft and Lukoil, effective November 21, 2025, are impacting India's oil imports. Russian crude loadings for India have significantly dropped, forcing refiners to seek alternative sources. While direct procurement from sanctioned entities will cease, Russia's oil may continue to flow through less transparent channels, impacting global trade dynamics.
US sanctions on Russia's Rosneft and Lukoil, effective November 21, 2025, are impacting India's oil imports. Russian crude loadings for India have significantly dropped, forcing refiners to seek alternative sources. While direct procurement from sanctioned entities will cease, Russia's oil may continue to flow through less transparent channels, impacting global trade dynamics.
