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Strait of Hormuz fears make Africa a lifeline for the world’s third-largest oil importer
The energy deficit in India, brought about by the conflict in Iran and the subsequent disruption of global fuel supply chains, has led it to seek fuel supply from Africa and Latin America
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economictimes.indiatimes.com
India turns to Latin American, African oil after Hormuz disruption
Indian refiners sought oil from Latin America and Africa as Middle East supplies faced disruptions. Imports from Venezuela, Brazil, Angola, and Nigeria increased. Russia remained…
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theprint.in
India imports oil from Latin America & Africa as Hormuz disruption shows no signs of abatement
In April & May, Indian refiners raised imported from Venezuela, Brazil, Angola and Nigeria to make up the shortfall, & continued to buy Russian oil, data from Kpler show.
