India's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of Hormuz reopens. Suppliers have asked them to resume contractual volumes. Refiners have not yet committed. India's imports from the Middle East fell significantly in the second quarter. They are considering alternative suppliers.

By Nidhi Verma, Siyi Liu and Joyce LeeNEW DELHI/SINGAPORE, June 18 (Reuters) - Middle Eastern crude oil markets could come under further pressure if the Strait of Hormuz reopens…

India resumes oil imports from the Middle East as Hormuz reopens. WTI crude at $70 in June priced at 42% YES.

India's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of Hormuz reopens. Suppliers have asked…

Indian refiners are prioritizing alternative crude sources over West Asia despite the reopening of the Strait of Hormuz.

Strait of Hormuz reopening may restore India’s LPG and LNG supplies gradually, with crude flows expected to normalise as energy logistics improve.

Indian refiners are delaying purchases of Middle Eastern crude despite the reopening of the Strait of Hormuz, relying instead on ample inventories and alternative supplies led by…

The reopening of the Strait of Hormuz offers relief to exporters amid ongoing shipping risks and rising logistics costs.