Fact I: India buys more Russian oil The turquoise bar, which stands for India, is not particularly large. On its website, the Finnish think tank Centre for Research on Energy and Clean Air has compiled a few diagrams showing where Russia sells its crude oil. In May, India imported seven percent of the total quantity, in June the bar shrank again to four percent. And yet it is bigger than at the beginning of the year. Because shortly before the war in Ukraine, India hardly bought Russian oil. A development that Thomas Puls from the Institute of German Economy in Cologne also observes: "India definitely imports more oil from Russia. This is simply because Russia has to give its alternative discount a huge price discount. Since the beginning of the war, it has been between 30 and 35 dollars per barrel." Fact II: India sold billions in fuels to the EU in April The Center for Research on Energy and Clean Air assumes that India will resell this oil as fuel immediately - including to the EU. Because not only do the chart bars grow when importing Russian oil, exports of Indian petroleum products are also skyrocketing. According to the Indian Ministry of Commerce, India sold fuel worth about one billion US dollars to the EU in April. In 2021, it was still $287 million in the same period. However, economic expert Thomas Puls believes that this development is not long-lasting. "There was already a significant decline in May. And the Indian government levied export taxes at the beginning of June because it wants to try to keep the price of fuel in India lower. That's why I think this factor will largely be done," explains Puls. Conclusion: Experts consider export of Russian crude oil likely It cannot be fully proven that India has continued to sell Russian oil to Europe. Because there is no information about whether the exported Indian petroleum products contain Russian crude oil. But because India imported more and exported more a short time later, experts like Thomas Puls at least think it is likely.