India’s Crude Oil Imports in July 2025: Russia Remains Top Supplier, U.S. Share Rises
Russia continued to dominate India’s crude oil sourcing in July, holding its position as the country’s largest supplier despite a month-on-month decline. According to trade data, Russian shipments accounted for around 34% of India’s total crude imports, or roughly 1.5 million barrels per day (bpd).
This marks a 24.5% drop from June, when imports from Russia were higher. However, Moscow still supplies more than one-third of India’s total oil needs in 2025, underscoring its central role in India’s energy security.
Iraq, Saudi Arabia, and UAE Follow
Iraq remained India’s second-largest crude supplier, maintaining a steady share.
Saudi Arabia came in third, followed closely by the United Arab Emirates (UAE).
Together, these Gulf producers continue to serve as critical partners for India’s oil requirements, even as Russian imports dominate.
U.S. Crude Shipments Surge
A notable shift in July was the rise in U.S. crude supplies. Imports from the United States surged 58% year-to-date compared with the same period in 2024. While precise July market share figures are not publicly disclosed, the trend reflects India’s effort to diversify its energy sources amid global price volatility and geopolitical tensions.
Russia Still Crucial Despite Price Pressures
India, the world’s third-largest oil importer, has leaned heavily on discounted Russian barrels since 2022. Even though the price advantage has narrowed in recent months, refiners continue to prioritize Russian oil due to competitive costs and steady availability.
At the same time, the rise in U.S. crude imports indicates that Indian refiners are balancing affordability with supply security, ensuring a diversified energy basket.
Key Takeaways:
Russia supplied ~34% of India’s crude in July 2025 (~1.5 million bpd)
Iraq and Saudi Arabia retained second and third spots
UAE followed as a significant Gulf supplier
U.S. imports rose 58% YTD, signaling diversification
“This report is based on trade data and information published by Reuters, Financial Times, and Times of India.”
