Trump sanctions impact: India’s crude oil imports from Russia set to hit 4-year low; but how long will the drop last?

India’s Russian crude imports may hit a four-year low in January 2026 due to US sanctions, forcing refiners to seek alternatives. Despite pressure, Russia is exploring new channels, with potential for non-sanctioned oil flows to resume. India’s strategic need for cost-effective energy and Russia’s efforts to maintain trade suggest this dip might be temporary.