Monday , July 20 2026

INTERVIEWS

Russian crude continues to make up 50% of India’s oil imports in July as Hormuz risks persist

A view shows the Yan Dun Jiao 1 bulk carrier in the Vostochny container port in the shore of Nakhodka Bay near the port city of Nakhodka, Russia. | Reuters

Russian oil remains India’s biggest supply cushion, but experts say LPG & LNG imports remain highly vulnerable to renewed Strait of Hormuz disruption.New Delhi: Amid renewed uncertainty around the Strait of Hormuz, Russian crude continues to dominate India’s imports, averaging around 2.5 million barrels per day (mbpd) until 15 July, and …

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As US-Iran deal announcement paves way for Hormuz reopening, what lies ahead for India & oil markets

A drone view shows vessels in the Strait of Hormuz, as seen from Musandam, Oman, on 15 June. | Reuters

Crude prices fall as markets price out West Asia conflict risk. Analysts say India could benefit through lower import bill, easing inflation and improved energy security. New Delhi: The US-Iran peace agreement and the subsequent reopening of the Strait of Hormuz could help ease global energy supplies, lower crude prices and provide relief …

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Ukrainian MP says lifting sanctions on Russian oil puts ‘question mark’ over friendship with UK

The Ukrainian MP said the decision told Russia that ‘everything can be bought and everything is for sale’Bryony GoochThursday 21 May 2026 00:47 EDT A Ukrainian politician has condemned the British government for loosening sanctions on Russian oil, saying it “puts a question mark” on the UK’s friendship with Ukraine. The government …

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