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BusinessApril-December Data: US Crude to India Jumps $3.4 Billion...

April-December Data: US Crude to India Jumps $3.4 Billion While Russian Drops $6.9 Billion

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India’s crude oil import data for the April-December 2025 period reveals substantial shifts in absolute dollar values, with US crude imports increasing by approximately $3.4 billion while Russian crude imports contracted by roughly $6.9 billion. US crude imports reached $8.2 billion during April-December 2025, representing a 65.6% increase, while Russian crude imports fell to $33.1 billion from $40 billion, a decline of more than 17%.
December 2025 served as a microcosm of this broader trend. Russian crude shipments to India totaled $2.71 billion in December 2025, down 15.15% from $3.2 billion in December 2024, making Russia the only supplier among India’s top five to record year-on-year contraction. This decline occurred despite Russia’s historical position as a major crude supplier to the Indian market.
India’s other principal crude suppliers demonstrated strong upward trajectories. Saudi Arabia led the growth with an impressive 61% year-on-year increase, supplying crude worth $1.75 billion in December 2025. The United States posted a 31% gain with shipments valued at $569.30 million. Iraq contributed $2.37 billion, reflecting a 4.56% increase, while UAE deliveries totaled $1.65 billion, up 6% annually.
The contraction in Russian crude imports appears tied to international trade dynamics. Industry analysts note that the 25% punitive tariff on Indian goods, imposed by the United States on August 27, 2025, was designed to discourage India from purchasing sanctioned Russian petroleum. The policy’s impact materialized progressively, with Russian crude imports declining from $3.62 billion in July 2025 to $2.71 billion in December 2025.
India’s comprehensive crude oil imports from all sources reached $11.29 billion in December 2025, up 9.1% from $10.34 billion in December 2024. The cumulative import value for April-December 2025 stood at $105.10 billion, marginally lower than the $109.33 billion recorded during the same period in 2024. Officials emphasize that energy security for India’s vast population remains paramount, with diversification strategies adapting to market conditions.

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