When asked about the import of Russian oil during a press briefing, Misri emphasised that “the more diversified we are, the more secure we are”. Naturally, when you are dependent to the extent of 80-85% on an imported resource, you have to have concerns about the possibility of inflation driven by energy costs,” the Foreign Secretary said. Therefore, I would say that the more diversified we are in this area, the more secure we are.”However, Misri added that the actual sourcing is done by oil companies. “Oil companies in the public sector, oil companies in the private sector… they make decisions based on market conditions,” he said. From the 2025 peak of 2.09 million barrels per day (bpd) in June, India’s Russian oil imports dropped to 1.16 million bpd in January 2026, according to data from commodity market analytics firm Kpler.

Source: Indian Express February 10, 2026 04:30 UTC