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Russia is the main supplier of sunflower oil to India.
Based on the results of the first seven months of 2026, the total revenue of Russian exporters from sales of sunflower oil to India increased by more than a third compared to the same period in 2025. Interfax reports this with reference to data from the Ministry of Trade and Industry (Ministry of Trade) of the BRICS country.
During the reporting period, the total value of exports of this domestic product to the Asian country reached $1.17 billion. In annual terms, the figure jumped by 34.7 percent. The volume of supplies increased by almost 130 thousand tons, to 859 thousand.
Separately, for July, export revenue more than doubled year-on-year to $120.2 million. During the second month of summer, Russian farmers sent 85.6 thousand tons of sunflower oil to India. Such dynamics allowed the Russian Federation to retain its status as the main supplier of this product to the Asian country.

The cost of Russian Urals oil in Western ports exceeded $110 per barrel. The rise in prices and the transition from discounts to premiums for supplies to India and China are due to a reduction in supplies of raw materials from the Persian Gulf countries.

The Port Alliance company reported the shipment of 5.58 million tons of cargo to India for January-August 2024. The basis of exports was coal (5.36 million tons), and the company also increased the supply of mineral fertilizers to 173.9 thousand tons.

In July, Russian fertilizer exports to the EU fell to 31.6 million euros, which is 27% less than last year. Over seven months, the drop was 3.7 times, which experts attribute to the introduction of increased import duties by the European Union.

Ukrainian Finance Minister Sergei Marchenko reported an increase in the negative balance of foreign trade to $73 billion. The draft budget for 2027 calls for a deficit of $37 billion and an increase in the national debt to $276 billion.

A default by Eurotrans could undermine confidence in the bond and DFA markets in Russia. Sergei Shvetsov of the Moscow Exchange called for a parliamentary investigation, comparing the situation to the collapse of Enron, to prevent massive abuses in the market.

Managing Director of Rosselkhozbank Oleg Lityaykin announced the potential for growth in exports of Russian fish products to the BRICS countries by $2 billion per year, highlighting China, Brazil and the UAE as key markets.