The import volumes underscore India's ability to maintain crude supplies through diversified sourcing even as conflict in West Asia raised concerns over global energy shipments & briefly pushed up oil prices

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

India’s crude oil imports have bounced back to near pre-conflict levels despite prolonged disruptions in the Middle East, as refiners adjusted their sourcing mix and leaned more…