The conflict in West Asia is significantly impacting crude oil supplies for India, which relies on foreign imports for 90% of its oil needs. As the war continues, nearly 600 million barrels of oil have been disrupted, equating to about four months of India's crude demand. The International Energy Agency forecasts a decline in global oil supply by 1.5 million barrels per day in 2026, marking a concerning shift from earlier expectations of a surplus. Senior refining executives have noted that while liquefied petroleum gas and liquefied natural gas were previously their main concerns, the focus is now shifting to crude oil due to the ongoing disruptions. The situation is exacerbated by geopolitical tensions, including attacks on oil tankers and the potential for further escalations in the conflict. With alternative sources of supply from Russia and the US also facing challenges, India's refiners may struggle to meet domestic demand, leading to potential fuel shortages and increased prices.