India is gradually reducing its dependence on Russian crude amid global geopolitical pressures, but a complete halt remains unlikely due to discounted pricing, refinery compatibility, contractual commitments, and structural reliance of certain facilities. While increasing imports from the US and exploring options like Venezuela support diversification and reduce sanctions risk, higher logistics costs and limited alternative capacity pose challenges. India’s current strategy focuses on market-driven diversification, maintaining strategic autonomy, and strengthening long-term energy security through a broader supplier base and accelerated clean energy transition.
Click to View MoreThe IEA’s warning highlights India’s import-driven vulnerability but also a chance for transformation. By strengthening fossil fuel security, accelerating clean energy, and ensuring resilience, India can pursue Viksit Bharat 2047 with autonomy, sustainability, and leadership in a multipolar energy world.
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