A360
Key Takeaways✦ Atlas AI
01
India diversified oil sources.
02
Middle East supply disrupted.
03
Russia remains top supplier.
Atlas AI
India Diversifies Oil Imports Amid Middle East Disruptions
Indian refiners increased oil imports from Latin America and Africa in April and May 2026, following disruptions to Middle Eastern supplies caused by the U.S.-Israeli conflict with Iran, which restricted shipping in the Strait of Hormuz. This strategic shift by the world's third-largest oil importer and consumer aims to mitigate supply vulnerabilities.
Data from Kpler indicates that India raised imports from Venezuela, Brazil, Angola, and Nigeria during this period. 4% reduction from March. 9 million bpd. S. waiver.
5% decrease year-on-year. Imports from the United Arab Emirates (UAE) significantly rebounded to 669,700 bpd in April from 230,600 bpd in March, while Saudi Arabian imports held steady at approximately 619,500 bpd. The UAE and Saudi Arabia are the only Gulf producers with pipelines bypassing the Strait of Hormuz. 2% in April from about 30% in March, partly due to increased UAE imports, which helped offset the decline in Middle Eastern supply.
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