Where Data Tells the Story
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In 2024, China and India were the largest buyers of Russian crude oil, resulting in 81% of Russia's oil imports.
While Europe has been cutting its imports of Russian oil given the war in Ukraine, it stood as the third-largest importer, at 12% of Russia's exports.
At the same time, China and India are among the top importers of oil from the Middle East, particularly from Saudi Arabia and the UAE.