India imported an estimated 7.6 million of US barrels in March, a significant increase from the 3 million in January, Bloomberg reported.
China is expected to import 1.7 million barrels of Russian crude a day, taking over Indian demand, Kpler data cited by Bloomberg shows.
Weaker crude exports caused Russia's monthly energy revenue to slide by nearly 1% from January, the International Energy Agency said.
The US produced an average of 12.9 million barrels a day last year, more than Russia or Saudi Arabia have ever pumped in a year.
14 cargo tankers are stranded off the coast of South Korea, highlighting Russia's continued struggles in the global oil trade.
Stricter enforcement of Western curbs on Russian crude pushed the Urals price just below the $60 last month, the International Energy Agency said.
Revenue from oil exports hit an eight-month high for Russia in July, with the warring nation selling crude for an average of $64.41 a barrel.
Russia sold 1.96 million barrels of oil a day to India in May, the highest amount of Russian crude sold to India ever.
Russia has amassed a secretive "dark fleet" of 270 oil tankers that sail under the radar, according to some estimates.
King dollar's dominance of global trade faces new threats in the form of currency projects led by countries including China, Russia, India and even France.
Russia could be funneling its crude to Asia above the price cap, thanks to the help of unknowing US firms who are backing its oil trade.
India alone has gone from being a sporadic buyer of Russian crude to now relying on Russia to meet roughly half its total oil imports.
Critics have blasted the Russian oil price cap for being ineffective, with little impact on Russia's war revenue.
Russian officials said the sales to friendly countries have offset the impact of Western oil sanctions imposed since the invasion of Ukraine.
"The interaction between these two countries will be much longer than the naysayers might assume, because there's a mutual interest in having it longer," Kpler analyst Viktor Katona told Insider.
Analysts expect nearly 43 million barrels of Russian crude will be delivered to China this month, as Beijing snaps up cheap energy and relaxes COVID-19 policies.
Russia's oil and gas exports pulled in $18.5 billion in January, a 38% drop from January of last year, according to IEA data.
Indian buyers of Russian crude oil are drowning in paperwork demanded under the G7 price cap, and that could dent Moscow's sales, Bloomberg reported.
A cargo carrying 600,000 barrels of Russian crude has made its way to Ghana where it was due to be pumped into storage tanks at the Tema Oil Refinery.
Russia sold 1.66 million barrels a day of crude and fuel oil to China last month, Kpler found, its highest volume since invading Ukraine last year.