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Why the US cannot easily cut India off from Russian oil

46 0
23.10.2026

The United States may be able to influence India’s energy choices through tariffs, diplomacy, and trade incentives, but forcing New Delhi to abandon Russian crude is a far more complicated challenge. India’s dependence on imported energy, the economics of oil refining, and its long-standing relationship with Moscow make a complete break unlikely in the near future. Although Venezuela offers an additional source of crude, it cannot easily replace the scale, availability, and commercial advantages of Russian supplies.

Energy is not merely a commercial commodity for India; it is a cornerstone of economic growth and national security. As one of the world’s largest oil consumers, India relies heavily on imported crude to power its industries, transport networks, agriculture, and expanding urban economy. Any sudden disruption in supplies could increase inflation, raise production costs, and place additional pressure on household budgets.

Consequently, India’s oil procurement decisions are driven primarily by affordability, reliability, and the ability to secure sufficient volumes. Washington may prefer India to reduce its purchases from Russia, but New Delhi must also consider the economic consequences of complying. A foreign policy demand that makes fuel more expensive could undermine India’s growth ambitions and weaken its domestic economic stability.

Despite pressure from Washington, Russia remains India’s largest individual supplier of crude oil. Recent trade data demonstrate both the strength and flexibility of this relationship. Reuters reported that Russian crude accounted for 33.5% of India’s oil imports in September 2026, down from 46.6% in August, as Middle Eastern supplies recovered. Russia nevertheless remained the leading supplier, illustrating that India can diversify its purchases without........

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