How Much Crude Oil Has India Purchased from the United States in H1 FY26?

India has noticeably increased its crude oil imports from the United States in the first half of 2025, marking a shift in its energy sourcing strategy. Between January and June, imports rose by 51%, going up from 0.18 million barrels per day (mb/d) to 0.271 mb/d, according to official data.

The jump was even more pronounced between April and June, when imports recorded a 114% year-on-year increase. In financial terms, India imported US$3.7 billion worth of US crude in Q1 of FY26, compared to US$1.73 billion in Q1 FY25.

US Share in India's Crude Oil Mix Nearly Triples

India’s dependence on US crude has grown steadily. By July 2025, the US accounted for 8% of India’s total oil imports, up from 3% earlier. The monthly growth between June and July stood at 23%, showing consistent momentum.

This comes at a time when the US, under President Donald Trump’s second term, has taken a harder stance against India’s trade policies. A 25% tariff on all Indian exports was announced from August 1, and Trump openly criticised India's oil ties with Russia.

LNG and LPG Imports from the US Soar

It’s not just crude. India’s imports of liquefied natural gas (LNG) from the US almost doubled in FY25, rising from US$1.41 billion to US$2.46 billion. Sources say a multi-billion-dollar long-term LNG deal is currently being negotiated.

Imports of liquefied petroleum gas (LPG) have also gone up, reinforcing India’s intention to diversify its energy supply lines and ensure stability amid global uncertainties.

How Much Crude Oil Does India Import From Russia?

Amid rising trade friction, Russia continues to supply 35–40% of India’s crude oil needs, up from less than 1% before the Ukraine conflict. India is now the second-largest buyer of Russian oil after China.

Read more: Crude Oil Prices Hold Steady After Hitting One-Week Low; Market Worries Continue.

Conclusion

Even as political ties face pressure, India's growing energy trade with the US reflects a pragmatic, future-focused strategy. The country is balancing global relationships while ensuring that its energy and economic needs are met. This signals India’s maturity in foreign policy and trade planning.

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