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Percentage Gains Tell Story: Saudi’s 61% Surge Leads Growth Among India’s Suppliers

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Percentage growth rates among India’s crude oil suppliers in December 2025 reveal Saudi Arabia’s exceptional 61% surge leading the expansion, while Russia recorded a 15.15% decline. While US crude imports to India increased by 65.6% to $8.2 billion during April-December 2025, Russian crude imports contracted by more than 17%, falling from $40 billion to $33.1 billion in the same period.

December 2025 percentage changes illustrate the relative performance of major suppliers. Saudi Arabia’s 61% year-on-year increase, resulting in deliveries worth $1.75 billion, significantly outpaced all other suppliers in growth rate. The United States achieved a respectable 31% gain to $569.30 million, while Iraq and the UAE posted more modest increases of 4.56% and 6% respectively, reaching $2.37 billion and $1.65 billion.

Russia’s 15.15% decline to $2.71 billion from $3.2 billion in December 2024 stands in sharp contrast to the positive growth rates of all other major suppliers. This divergence in percentage performance reflects fundamentally different market dynamics affecting Russian crude versus alternative sources.

The variation in growth rates appears related to differential policy impacts. The US imposition of a 25% punitive tariff on Indian goods on August 27, 2025, specifically targeting purchases of sanctioned Russian petroleum, created a headwind for Russian crude while potentially benefiting alternative suppliers. Russian crude imports declined from $3.62 billion in July 2025 to $2.71 billion in December 2025.

India’s total crude oil imports from all sources reached $11.29 billion in December 2025, representing a 9.1% overall increase from $10.34 billion in December 2024. Cumulative imports for April-December 2025 totaled $105.10 billion, compared to $109.33 billion in the corresponding period of 2024. The varying percentage gains among suppliers reflect India’s dynamic procurement environment.

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