Import of Indian oil from Saudi Arabia sets a six-year record

India demonstrates a significant shift in its energy policy. According to Bloomberg, in February 2026, the country is preparing to purchase a record volume of crude oil from Saudi Arabia in the past six years. This change in import strategy reflects the complex geopolitical situation in global energy markets and the influence of external factors on Indian energy companies’ decisions.

International Pressure Reshapes Energy Strategy

The United States continues to pressure India to reduce its purchases of Russian oil. Under these circumstances, Delhi is forced to reorient its energy contracts toward trusted Persian Gulf suppliers. Saudi Arabia, as the world’s largest oil producer and a strategic partner of the U.S., becomes an attractive alternative for Indian buyers. This decision allows India to balance energy security with international commitments.

Diversification of Supplies Under Sanction Pressure

The increase in oil imports from Saudi Arabia demonstrates India’s efforts to diversify its energy sources. Transitioning to supplies from the Middle East reduces risks associated with Russian market volatility and potential sanctions. At the same time, India does not completely abandon Russian oil but adjusts proportions in favor of more stable and politically favorable suppliers.

Impact on Global Energy Markets

This shift in India’s import preferences influences global energy markets. Growing demand for Saudi oil could stabilize hydrocarbon prices and strengthen OPEC’s position in the world market. At the same time, it highlights that national energy policies remain closely tied to geopolitical calculations, and energy needs are intertwined with complex international relations. India, continuing to require oil, must consider not only economic but also political factors when shaping its import strategy.