Analysts say India is unlikely to face an immediate supply shortage as Russian oil and Gulf producers can fill part of the gap, but prolonged disruption would push up import bills.

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…

Brent crude nears $100 amid West Asia tensions, with analysts warning of higher inflation, a wider current account deficit and slower GDP growth for India.