India Reduces Russian Crude Imports While Diversifying Energy Suppliers to Strengthen Global Trade Position
India is shifting away from Russian oil by increasing imports from South American suppliers. This strategic move aims to improve ties with the United States.
Insights:
Oil Minister Hardeep Singh Puri hardeep singh puristated on January 23, 2026, that India 
INcan leverage its growing energy demand to negotiate better oil and gas supply deals. This announcement comes as data reveals that Indiahas significantly reduced its reliance on Russian 
RUenergy, with imports of crude from Russiafalling to their lowest level in two years in December 2025. This strategic pivot by the world's third-largest oil importer and consumer is designed to diversify energy sources and improve trade relations with the United States 
US.
INcan leverage its growing energy demand to negotiate better oil and gas supply deals. This announcement comes as data reveals that Indiahas significantly reduced its reliance on Russian RUenergy, with imports of crude from Russiafalling to their lowest level in two years in December 2025. This strategic pivot by the world's third-largest oil importer and consumer is designed to diversify energy sources and improve trade relations with the United States US.
