MARKET STRUCTURE · REGULATORY · INDIA

Kremlin withholds Russia-India crude export data

The Hindu
Change
On March 6, 2026, the Kremlin said it will not disclose quantitative data on Russia’s crude oil exports to India.
Kremlin withholds Russia-India crude export data
Why it matters
Kremlin spokesman Dmitry Peskov said Russia will not provide quantitative data on crude exports to India. He made the comments when asked about Indian media reports that Moscow could deliver 22 million barrels of crude in a week. The excerpt also references a U.S. Treasury statement that Washington issued a temporary 30-day waiver allowing Indian refiners to purchase Russian oil. It also describes Russian state TV showing tankers moving toward Indian refineries on India’s east coast. Russian Deputy Prime Minister Alexander Novak said Russia was ready to ramp up crude supplies to India and China amid strikes on Iran and disruption around the Strait of Hormuz.
Implications
  • Kremlin-sourced quantitative reporting on Russia-to-India crude export volumes is unavailable.
  • Claims about weekly delivery volumes cannot be corroborated using official Russian disclosures.
Who is affected
  • Indian refinery procurement and trading teams
  • Oil market analysts and price reporting functions
  • Shipping and tanker tracking/chartering operators
  • Government energy and trade monitoring units
Source

The Hindu

Topics

World & Politics International Affairs Policy & Regulation Energy & Power Oil & Gas

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