India boosts US crude oil buys as Russia imports dip
New Delhi, Feb. 13 -- India saw more than a 65.6% annualised jump in petroleum crude imports, valued at $8.2 billion, from the United States, in April-December 2025, while imports of Russian crude fell by more than 17%, from around $40 billion in April-December 2024 to $33.1 billion in April-December 2025, according to government data.
Out of India's five major petroleum crude suppliers - Russia, Iraq, the United Arab Emirates (UAE), Saudi Arabia and the US - annualised contraction in imports has been witnessed only in the case of Russia in December 2025. Imports from Russia dipped by 15.15% to 2.71 billion in December 2025 as compared to $3.2 billion in December 2024, the data showed.
In contrast, crude imports from Saudi Arabia in Decembe...
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