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Indian refiners increase Russian and UAE oil imports ahead of Hormuz recovery
India's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imports. This shift represents a calculated diversification strategy, influenced by attractive discounts and apprehensions surrounding the Strait of Hormuz. Venezuela is stepping into a crucial role, while the reopening of the Strait indicates a slow path towards normalized supplies, beginning with LPG's anticipated recovery.
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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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timesofindia.indiatimes.com
US-Iran war impact: India’s Russian oil imports may touch all-time high in June; how crude strategy has shifted
US-Iran war impact: India’s crude oil imports from Russia are set to hit an all–time high in June, according to data from Kpler, a global real-time data and analytics provider.…
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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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oilprice.com
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.
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theprint.in
India's Russian oil imports set to hit all-time high this month, ahead of Iran crude comeback
Kpler data shows India's Russian oil imports are on track to reach 2.25 mbpd in June 2026, as prospects of Iranian crude returning to India grow after US-Iran agreement.
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Hormuz reopening spells relief for exporters while shipping risks linger
The reopening of the Strait of Hormuz offers relief to exporters amid ongoing shipping risks and rising logistics costs.
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Indian refiners increase Russian and UAE oil imports ahead of Hormuz recovery
India's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imports. This shift represents a calculated…
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thehindu.com
India boosts Russian, UAE oil purchases in June ahead of full Hormuz recovery
India increases oil imports from Russia and UAE in June, diversifying supplies ahead of potential Strait of Hormuz recovery.
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newsbytesapp.com
India's Russian oil imports have gone up in June
India's crude oil imports from Russia surged to 2.66 million bpd in June, up from 1.91 million bpd in May, solidifying Russia as its top supplier.
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India ramps up Russian, UAE oil purchases as refiners hedge ahead of Hormuz full reopening
India increased crude oil purchases from Russia and maintained near-record imports from the UAE in June as refiners moved to secure supplies while waiting for a full recovery in…
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The Hormuz Crisis Has Forced India to Rethink Its Energy Strategy | OilPrice.com
The disruption of the Strait of Hormuz exposed India's heavy dependence on imported fossil fuels, accelerating closer energy ties with the United States and strengthening the case…
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Beyond West Asia conflict: India's oil imports back on track, boosted by record Russian shipments
Indias crude oil imports have returned to normal levels in June, recovering after earlier disruptions caused by geopolitical tensions and supply bottlenecks linked to the Strait…
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Record buys from Russia, stocking up on crude: How India is managing its oil supply amid Hormuz closure, US-Iran conflict
US-Iran war: India, importing around 90% of its crude needs, is stocking up on oil even as hopes of the Strait of Hormuz reopening completely stay. India has diversified its crude…
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India’s Imports of Russian Oil Set for New Record High | OilPrice.com
India is on track to import a record volume of Russian crude in June as disruptions to Middle Eastern supplies and favorable economics reinforce Russia’s position as the country’s…