BusinessPhoto: Hindu BusinessIndia Cuts U.S. and Russian Oil Imports in September, Boosts UAE Supply
In September 2026, India reduced its oil imports from the U.S. to zero and significantly cut Russian oil imports, responding to the U.S. Russia Sanctions Act signed that month. Instead, India increased oil imports from the UAE, which now accounts for over 25% of its oil imports. Russia and the UAE together supply 60% of India's crude oil. The U.S. law allows tariffs on countries importing large Russian oil volumes, including India.
Hindu Business·



