During the first 100 days of Vladimir Putin's war in Ukraine (from February 24 to June 3), Russia earned €93 billion ($98 billion) in revenue from fossil fuel exports, of which 61%, around €57 billion, came from European nations. During this period, India emerged among the top 10 importers of Russian fossil fuels, with China, Germany, Italy and Netherlands topping the chart, a report by Finland-based independent organisation Centre for Research on Energy and Clean Air (CREA) shows. Russia accounted for 18% of India’s crude imports in May, a huge rise from 1% before the Ukraine war, shows the report.
The largest importers were China (€12.6 billion), Germany (€12.1 billion), Italy (€7.8 billion), Netherlands (€7.8 billion), Turkey (€6.7 billion), Poland (€4.4 billion), France (€4.3 billion), India (€3.4 billion) and Belgium (€2.6 billion), shows the data.