diff --git a/Lib/asyncio/base_events.py b/Lib/asyncio/base_events.py
index 04fb961e9985e4..06a00a0656639f 100644
--- a/Lib/asyncio/base_events.py
+++ b/Lib/asyncio/base_events.py
@@ -1131,6 +1131,7 @@ async def create_connection(
                 infos = _interleave_addrinfos(infos, interleave)
 
             exceptions = []
+            staggered_exceptions = []
             if happy_eyeballs_delay is None:
                 # not using happy eyeballs
                 for addrinfo in infos:
@@ -1141,7 +1142,7 @@ async def create_connection(
                     except OSError:
                         continue
             else:  # using happy eyeballs
-                sock = (await staggered.staggered_race(
+                sock, _, staggered_exceptions = (await staggered.staggered_race(
                     (
                         # can't use functools.partial as it keeps a reference
                         # to exceptions
@@ -1152,10 +1153,15 @@ async def create_connection(
                     ),
                     happy_eyeballs_delay,
                     loop=self,
-                ))[0]  # can't use sock, _, _ as it keeks a reference to exceptions
+                ))
 
             if sock is None:
                 exceptions = [exc for sub in exceptions for exc in sub]
+                for exc in staggered_exceptions:
+                    if not (isinstance(exc, CancelledError) or exc in exceptions):
+                        exceptions.append(exc)
+                        del exc
+
                 try:
                     if all_errors:
                         raise ExceptionGroup("create_connection failed", exceptions)
@@ -1172,6 +1178,7 @@ async def create_connection(
                             ', '.join(str(exc) for exc in exceptions)))
                 finally:
                     exceptions = None
+                    staggered_exceptions = None
 
         else:
             if sock is None:
diff --git a/Misc/NEWS.d/next/Library/2025-06-24-06-18-49.gh-issue-135836.7-KHAd.rst b/Misc/NEWS.d/next/Library/2025-06-24-06-18-49.gh-issue-135836.7-KHAd.rst
new file mode 100644
index 00000000000000..1ce37aa42a359a
--- /dev/null
+++ b/Misc/NEWS.d/next/Library/2025-06-24-06-18-49.gh-issue-135836.7-KHAd.rst
@@ -0,0 +1 @@
+Fix :exc:`IndexError` in :meth:`asyncio.loop.create_connection` that could occur when the Happy Eyeballs algorithm resulted in an empty exceptions list during connection attempts, by capturing any exceptions raised by ``staggered_race``