New Delhi, Jan. 29 -- The Economic Survey 2026 has highlighted a notable increase in terms of imports of crude oil from the United States (US) as compared to Russia in the Financial Year 2026 (April-November).

"A notable increase in the diversity of countries from which India imports crude oil has been observed. In FY26 (April-November), crude oil imports from Libya, Egypt, Brazil, the US and Brunei increased significantly compared to the same period in FY25, while those from Russia, Saudi Arabia, Iraq and Venezuela declined," the Economic Survey said.

Although imports from other countries account for a significant portion of India's crude oil imports, the shares of the US, Egypt, UAE, Nigeria and Libya have increased, it said.

Between...