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China’s oil import slowdown eases pressure on Asian refiners, boosts India’s crude intake
Kpler says weaker demand by China has freed up Russian, African & US crude for Asian buyers, helping refiners in India & elsewhere cushion the impact of Hormuz disruptions.
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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.
