According to a report by Centre for Research on Energy and Clean Air — CREA, India dependence on Russian crude oil has started from €49bn in the third year of Moscow’s invasion of Ukraine, the imports.
India was once dependent on the Middle East for its oil but a move towards Russian petroleum started in 2022, as Western sanctions forced Russia to sell oil at near-cost discount.
This brought Russia’s oil share of total crude by 40% India, from a paltry less than 1 times digest the invasion. 
India has been buying Russian oil despite most of ally, in other words the UNS resolutions asking for a cooling did not stop them from the expedition. External Affairs Minister S. Jaishankar defended the strategy arguing that since 2022 Europe imported Russian oil six times more than India. **
One of the interesting facts is that multiple refineries in India have been re-exporting Russian crude-derived fuels back into Europe, and even to G7 countries. According to the CREA report, in 2024 four times the value of Russian oil based products €9 billion in oil products refined from Russian crude reached G7+ states.
Russia to India: U.S. sanctions take hold BPCL (Bharat Petroleum Corporation Ltd.) has warned of being disrupted further but analysts expect India will not exit its Russian oil deal as long as economic gains outweigh political risks. —
India, which has seen increases in 242 Billion Euros of Russian fossil fuel earnings by 2024 which could be instrumental in Moscow reshaping its shifting energy security landscape.
