Crude Imports From US Rise Sharply Since Jan

Russia remains top supplier with 36% market share in July, followed by Iraq and Saudi Arabia, UAE and Kuwait

- ENS ECONOMIC BUREAU @ New Delhi

India's crude oil imports from the United States increased sharply since January 2025, according to data from Kpler.

In January 2025, when US President Donald Trump took over, India imported 279,000 barrels per day (bpd) of crude oil from the US—a 322% jump from just 66,000 bpd in December 2024, Kpler data shows. The upward trend continued in February, with imports reaching 357,000 bpd, marking the highest level in over two years. In March, imports stood at nearly 300,000 bpd, reflecting a 247% year-on-year increase.

April saw further growth, with US crude imports rising to 326,000 bpd—a 270% increase compared to April 2024—before dipping slightly to 280,000 bpd in May due to refinery maintenance. The most significant rise came in June, when imports soared to 439,000 bpd, driven by concerns over potential supply disruptions in the Middle East, particularly around the Strait of Hormuz.