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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 oil procurement, and stepped up imports in a big way to have sufficient reserves at a time when global oil trade remains disrupted and oil prices still remain above pre-war levels.
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thehindubusinessline.com
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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economictimes.indiatimes.com
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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timesofindia.indiatimes.com
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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oilprice.com
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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How India can build a bigger oil buffer without straining the exchequer - The Economic Times
As tensions around Iran and the Strait of Hormuz ease, India should focus not only on managing the immediate oil crisis but also on strengthening long-term energy security, the…
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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…