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India Isn’t Rushing Back to Middle Eastern Oil Despite Hormuz Reopening | OilPrice.com
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 Russian oil.
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oilprice.com
Falling Oil Prices Could Ease Pressure on India’s Trade Deficit | OilPrice.com
A reopening of the Strait of Hormuz and lower oil prices following the U.S.-Iran agreement could significantly reduce India’s energy import costs and improve its trade balance.
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al-monitor.com
Hormuz reopening to release wave of oil supply, depress prices
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…
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India's Pump Prices Stuck Even As Global Crude Crashes | OilPrice.com
India's oil minister says falling crude prices won't reach the pump immediately due to shipping delays through the Strait of Hormuz.
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cryptobriefing.com
India resumes Mideast oil imports as Hormuz reopens, easing WTI price concerns
India resumes oil imports from the Middle East as Hormuz reopens. WTI crude at $70 in June priced at 42% YES.
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economictimes.indiatimes.com
Indian refiners sitting on enough crude, in no rush to resume purchases from West Asia
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…
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thehindubusinessline.com
Indian refiners in no hurry to return to West Asian oil as Hormuz reopens
Indian refiners are prioritizing alternative crude sources over West Asia despite the reopening of the Strait of Hormuz.
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Strait of Hormuz reopening: Recovery likely in phases from July, LPG to get priority
Strait of Hormuz reopening may restore India’s LPG and LNG supplies gradually, with crude flows expected to normalise as energy logistics improve.
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India Isn’t Rushing Back to Middle Eastern Oil Despite Hormuz Reopening | OilPrice.com
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…
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energyintel.com
India Sees Bigger Discounts on Russian Oil
The combination of rising flows via Hormuz and higher Russian exports amid damage to Russian refineries is widening discounts.