India's US oil and gas imports plunged 43% in September as West Asia supplies recovered despite Trump’s push: Report
India’s imports of US crude oil, LNG and LPG fell 43% in September to a five-month low, while supplies from West Asia surged 67%. The shift comes as Gulf exports recover and US President Donald Trump pushes New Delhi to buy more American energy.
India's crude oil, liquefied natural gas (LNG) and liquefied petroleum gas (LPG) imports from the United States dropped by 43% in September compared to the previous month, according to a report by Business Standard. The combined imports of the three fuels from the US reached 1.22 million tonnes in September, marking their lowest level since April.
This decline occurred despite disruptions caused by ongoing conflicts in West Asia, as supplies from the region rebounded. In contrast, India's oil and gas imports from West Asia rose by 67% month-on-month to 13.56 million tonnes in September. West Asian producers, particularly the UAE, Iraq and Saudi Arabia, are expected to continue being among India's leading energy suppliers even after the conflict ends and will likely not be easily replaced by US supplies.
Written by urgent.news from Live Mint's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Canada sees scope for more investments in India after Fairfax-IDBI bank deal, says Minister Sidhu economictimes.indiatimes.com
