India’s crude oil imports from its largest provider Russia plunged in December to their lowest since January 2023, as six tankers carrying Sokol grade oil couldn’t ship on account of cost points amid tightening sanctions, in accordance with information intelligence firm Kpler.

After rising to an all time document of two.15 million barrels a day in May, oil imports from Russia fluctuated downwards, experiencing a pointy decline between November and December to 1.48 million barrels a day final month, in accordance with Kpler information.