Indian refiners are seeking alternative crude oil suppliers amid regional conflict. They are exploring new sources from Venezuela and Angola to ensure supply. Escalating attacks have disrupted vital shipping lanes and increased oil prices. Refiners are considering rerouting shipments around Africa to avoid the Red Sea. This shift will significantly lengthen journey times for crude oil deliveries.

In March 2026, India was faced with an unprecedented oil supply and price shock. Four months from then, India has managed to successfully secure its crude supplies through a…

India has emerged as a key buyer of Russian crude, with imports from Moscow reaching record levels as refiners take advantage of cheaper oil and supply disruptions from the Middle…

Russia's crude oil discounts for India have disappeared as Middle East supply disruptions and Red Sea shipping risks boost demand for alternative cargoes. Rising crude oil prices…