Russia assures fuel support to India amid West Asia conflict

Tehran: Escalating hostilities between Iran, United States and Israel have pushed West Asia into a fresh cycle of violence, triggering fears of disruption in global energy supplies.

Amid the growing uncertainty, Russia has reportedly assured India that it is prepared to step in and stabilize crude oil supplies if the crisis deepens. According to sources, Russia has conveyed that it stands ready to meet India’s energy requirements in the event of supply shocks arising from the conflict.

With tensions intensifying in the Gulf region, global crude oil prices have begun to surge. Analysts warn that if the conflict prolongs, it could severely disrupt supply chains, particularly through the strategically crucial Strait of Hormuz.

India is heavily dependent on imports to meet its energy needs. Nearly 88% of its crude oil requirement is sourced from overseas markets, with more than half traditionally coming from West Asian nations.

A significant portion of this oil passes through the narrow Strait of Hormuz — a key maritime chokepoint now under threat due to the ongoing crisis. Reports indicate that Iran has moved to restrict movement in the region amid hostilities, further heightening concerns.

Against this backdrop, Russia’s assurance comes as a strategic relief for New Delhi. Over the past few years, Russia has emerged as India’s largest supplier of crude oil.

After Western nations imposed sanctions on Moscow following the Ukraine conflict, discounted Russian crude was redirected towards Asian markets, especially India. Indian refiners capitalised on competitive pricing and flexible logistics, substantially increasing imports from Russia.

This diversification helped India cushion the impact of global price volatility and manage its import bill even during periods of sharp market fluctuations. Now, with West Asia once again in turmoil, Russia’s willingness to not only maintain but potentially increase supply offers India an alternative lifeline.

The Union government has stated that the country currently maintains sufficient reserves to handle short-term disruptions. Sources indicate that India holds combined stockpiles equivalent to around 50 days of consumption — including roughly 25 days of crude oil and 25 days of refined petroleum products such as petrol and diesel.

At the same time, officials are actively exploring additional sourcing options for crude oil, LPG and LNG from alternative markets to minimise risk exposure. Energy security experts note that while immediate supplies appear stable, prolonged instability in West Asia could exert pressure on prices and shipping routes.

As geopolitical tensions reshape global energy flows, India’s strategy of diversifying suppliers — particularly strengthening ties with Russia — may prove critical in ensuring uninterrupted fuel availability in the months ahead.

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