India's crude imports recover as refiners diversify sources amid Gulf disruptions, reducing reliance on West Asian supplies, says HSBC.

Indian refiners are facing an operational bottleneck in procuring Middle Eastern crudes, including Iranian, due to bloated onshore storage at refineries.

India's crude imports recover as refiners diversify sources amid Gulf disruptions, reducing reliance on West Asian supplies, says HSBC.

India's Russian oil imports hit an all-time high in June, reaching approximately 2.70 million barrels per day. This surge is attributed to refiners seeking Russian barrels to…