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Russia Hides Oil Export Data to India Amid West Asia Conflict

Russia will keep crude oil export data to India secret.

Mar 7
2 min read
Russia Hides Oil Export Data to India Amid West Asia Conflict

Top Summary

  • What happened: Russia will not disclose crude oil export data to India, citing concerns about "ill-wishers".
  • Why it matters: This decision adds opacity to energy markets during a period of geopolitical instability.
  • What changes for people: Limited access to information about the volume of Russian oil reaching India.
  • Who is affected: Energy analysts, traders, and potentially Indian consumers dependent on Russian oil.

Kremlin's Decision

The Kremlin announced on Friday, March 6, 2026, that it would withhold data on crude oil exports to India.

Kremlin spokesman Dmitry Peskov stated this was to keep the information from "too many ill-wishers".

His comments followed news of a temporary waiver issued by the U.S. Treasury Secretary Scott Bessent.

US Waiver & India's Oil Imports

The U.S. issued a temporary 30-day waiver allowing Indian refiners to purchase Russian oil.

This is amidst the ongoing conflict in West Asia.

The waiver aims to stabilize energy markets impacted by the crisis.

Russian Oil Supplies

Indian media reported on Moscow's capacity to deliver 22 million barrels of crude in a week.

When asked about this, Mr. Peskov declined to confirm or deny the figures.

 

"No, of course, we're not going to provide any quantitative data for obvious reasons. That's the first thing. There are too many ill-wishers,"

said Mr. Peskov.

 

Strategic Shift

Russian state TV showed tankers moving from the Arab Sea to the Bay of Bengal, heading towards Indian refineries on the East Coast.

Deputy Prime Minister Alexander Novak indicated Russia's readiness to increase crude supplies to India and China.

These countries have been impacted by U.S.-Israeli strikes on Iran and the closure of the Strait of Hormuz.

What to Watch Next

The duration and impact of the U.S. waiver on Russian oil imports to India will be crucial to monitor. Further developments concerning the ongoing conflict in West Asia will also influence global energy markets.