India’s initial enthusiasm for discounted Russian crude oil is showing signs of waning as geopolitical pressures and market dynamics reshape trade flows. Earlier attracted by significant price cuts, Indian refiners are now reassessing the economic benefits amid rising transportation costs, increasing scrutiny from Western partners, and fluctuating global oil prices.
While Russia continues to offer oil at below-market rates, the logistical complexities and indirect penalties linked to sanctions have eroded the overall cost advantage for India. Additionally, India is diversifying its supply sources to balance energy security with geopolitical considerations, further reducing reliance on Russian crude.
This shift signals a changing landscape in global oil trade, where discounted pricing alone is no longer sufficient to guarantee long-term supply partnerships, especially for emerging economies like India navigating complex international relations. 
