Saudi crude imports narrow gap with Russia, set to become biggest supplier

2026-02-20 - 21:43

Saudi Arabia has temporarily become India's top crude oil supplier, with imports reaching their highest since November 2019. February saw nearly 1-1.1 million barrels per day arriving from the West Asian nation, surpassing Russia. This shift occurs amid US pressure on India to reduce Russian crude purchases, though analysts anticipate a short-term stabilization.