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India's crude imports remain resilient despite Strait of Hormuz tensions
India's crude oil imports are insulated from Hormuz Strait tensions currently. Refiners have successfully diversified their import portfolio over recent years. Russia now supplies over half of India's total crude oil imports. However, LPG and LNG supplies remain vulnerable to Gulf disruptions. Prolonged instability could increase shipping costs and regional prices significantly.
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oilprice.com
India Resumes Iraqi Oil Imports Despite Hormuz Shipping Risks | OilPrice.com
India's state-owned MRPL has booked its first Iraqi crude cargo since shipping through the Strait of Hormuz resumed, signaling renewed confidence in Middle Eastern oil supplies…
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timesofindia.indiatimes.com
Trump’s ceasefire ‘over’ remarks & fresh Strait of Hormuz disruptions: What it means for India
Crude oil prices are soaring again, back above the $80 per barrel level as fresh tensions between US and Iran makes shipping through the Strait of Hormuz fraught with risks.…
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economictimes.indiatimes.com
India's crude imports remain resilient despite Strait of Hormuz tensions
India's crude oil imports are insulated from Hormuz Strait tensions currently. Refiners have successfully diversified their import portfolio over recent years. Russia now supplies…