India, China Boost Russian Oil Imports, Trump's Claims Debunked

• CREA report refutes Trump's claim that India stopped buying Russian oil, confirming India and China are major buyers.
• India's crude oil imports from Russia increased 4% in November, reaching a 5-month high of 2.6 billion euros.
• In November, India was the second-largest buyer of Russian crude (38% of exports), after China (47%).
• Despite US sanctions, Indian public sector companies continue to buy Russian oil from non-sanctioned suppliers.
• Russia's share in India's total oil imports has grown to about 40% from less than 1% before the Ukraine war.

Why It Matters: India and China's continued Russian oil purchases weaken US sanctions' impact.