India didn't just weather the worst oil crisis in a generation but emerged as a net winner, overtaking Saudi Arabia and the United Arab Emirates to become the top supplier of petrol, diesel and jet fuel to Kenya, while its fuel exports to Africa climbed to their highest level ever.
It was the only economy in Asia that fully recovered its oil imports after the shock, refilled its strategic reserves and resumed exporting, energy economist Dr. Anas Alhajji said at Elara Capital's Ashwamedh — Elara India Dialogue 2026. While other big Asian economies stayed on the back foot, India kept moving.
