Russia, Saudi Arabia, the UAE, Iraq, and the U.S. were India's top five crude oil suppliers from January to April 2026 [1].
This shift in procurement reflects India's effort to secure energy stability. As geopolitical tensions rise, particularly regarding the Strait of Hormuz, the Indian government is diversifying its import portfolio to avoid over-reliance on any single region.
Data covering the period from January to April 2026 [1] shows that Russia remains a primary partner in India's energy strategy. The continued reliance on these top five nations highlights a balanced approach between traditional Middle Eastern partners and emerging strategic ties with Russia and the U.S.
Beyond its primary suppliers, India is expanding its reach into the African market. The country is currently purchasing millions of barrels of crude from Nigeria and Angola [2]. This move is designed to mitigate risks associated with global energy market uncertainty, a strategy aimed at ensuring a steady flow of oil regardless of regional conflicts.
Energy officials said the diversification is a response to the volatility of the global market. By integrating African producers into its supply chain, India reduces the impact of potential disruptions in the Persian Gulf [2].
While Russia and Saudi Arabia maintain dominant positions, the inclusion of the U.S. and Iraq in the top five demonstrates a broad geographical spread. This strategy allows India to leverage different pricing mechanisms and contractual terms to manage the cost of its energy imports [1].
“Russia, Saudi Arabia, the UAE, Iraq, and the U.S. were India's top five crude oil suppliers”
India's strategic pivot toward a more diversified oil portfolio indicates a hedge against the fragility of the Strait of Hormuz. By supplementing its reliance on Russia and the Middle East with imports from the U.S. and African nations like Nigeria and Angola, India is prioritizing energy security over the convenience of established trade routes.
