The recent sanctions imposed by the European Union on Russian oil have raised concerns about the potential risks for India’s $15 billion fuel exports. The sanctions targeting refined petroleum products derived from Russian crude could limit India’s access to European markets. This move puts countries like India, Turkey, and UAE, processing Russian crude for exports to Europe, in a challenging position. The Global Trade Research Initiative (GTRI) highlights how India’s significant exports of petroleum products to the EU are at stake due to the ban on imports of refined petroleum made from Russian crude via third nations. Despite the implications, there may be benefits for India as the new oil price limit set by the EU could lead Russia to offer its crude at reduced rates, positively impacting India as a major importer of Russian oil. However, uncertainties regarding potential American sanctions and geopolitical pressures remain, urging India to carefully navigate through the evolving energy landscape.