India's Oil Masterstroke: US Imports Soar 92%, Russia Still Top Supplier Amid Geopolitical Shifts

• India's crude oil imports from the United States surged over 92% year-on-year from April to November 2025, reaching 13 million tons.
• Despite the significant increase from the US, Russia remains India's largest oil supplier, though its market share slightly declined from 37.9% to 33.7%.
• The US share in India's total oil import basket rose from 4.3% to 7.6%, with a 144% jump in November alone.
• US sanctions on Russian oil giants like Rosneft and Lukoil have impacted supply, but new intermediaries are maintaining Russian crude flow to India.
• India is actively diversifying its energy sources beyond traditional Gulf suppliers to ensure energy security and stability amidst global uncertainties.

Why It Matters: India balances US and Russian oil imports, diversifying sources for energy security amidst geopolitical shifts.