Economy · 12 Aug 2026

Russia share India oil imports 48%

Which one of the following statements regarding India's crude oil imports as of June 2026 is NOT correct?

ARussia's share in India's crude oil imports reached a record 48% by volume in June 2026.

BRussia's oil price premium to India widened from $10.6 to $77.7 per tonne between April and June 2026.

CIndia's total crude oil imports in June 2026 declined compared to May 2026.

DRussian crude import volumes to India rose year-on-year in June 2026 despite a shrinking price discount.

This question is based on: Russia's Share of India's Oil Imports Hits 48% - the Diversification Strategy That Created a New Vulnerability

Take this in full test mode → Instructions for 12 Aug 2026

About this question

Why in news

The U.S. Senate's passage of the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, combined with fresh trade data showing Russia's import share at a record 48%, has put India's oil sourcing strategy under fresh scrutiny.

Why for UPSC

This tests whether aspirants notice a reversed-direction distractor on a specific numeric trend - a common UPSC trick in economic-data-heavy questions.

Prelims summary

Russia's share of India's crude imports hit a record 48% in June 2026 even as its price premium collapsed from $77.7 to $10.6 per tonne, while India's total June imports fell 16.5% from May.

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