In April 2026, India's crude oil imports saw a decline, influenced mainly by reduced purchases of Russian crude oil by major refiners Reliance Industries Limited (RIL) and Nayara Energy. According to the Centre for Research on Energy and Clean Air (CREA), Russian crude imports fell by 19.4% month-on-month after reaching record volumes in March. This reduction coincided with an increase in the price of Urals crude oil to $112.3 per barrel. The decrease in Russian crude imports contributed to the overall drop in India's crude oil import volumes for the month. This development reflects shifting procurement strategies among Indian refiners amid fluctuating global oil prices.