New Delhi, March 20 -- India's crude oil imports saw a sharp decline in early March amid disruptions in West Asia, noted a report by Systematix Research, highlighting the impact of the ongoing regional crisis on energy supplies.

"India's import volume also nosedived to just 1.9mn bbls at week ended 6th Mar vs 25mn bbls per week in Feb'26 and 35mn bbls per week in Mar'26," the report said.

The report attributed the sharp fall in imports to weakening crude supply from the Middle East, which has been affected by the ongoing tensions and disruptions in the region.

"Drop is largely attributed to lower volume from Middle East," it said, noting that key suppliers like Saudi Arabia, Iraq and the UAE saw significant declines in export volumes....