Kpler data shows India imported a record 2.8 mbpd of Russian crude in July despite mounting geopolitical risks. Russian crude accounted for nearly 55 percent of India's total crude imports.

Discounts on Russian Urals crude oil delivered to India have dropped significantly this week. Stronger demand from Indian refiners is linked to renewed hostilities in the Iran…

India’s crude oil imports from Russia may even touch a new record high of 3 million barrels per day if the shipment disruptions through Strait of Hormuz and even Red Sea continue,…