India may avoid a crude supply crunch, but persistent attacks on Gulf shipping could raise freight, insurance and fuel costs, while putting LPG and LNG supplies at riskNew Delhi: Recent attacks on UAE’s state-owned Abu Dhabi National Oil Company (ADNOC) vessels and Saudi energy infrastructure are unlikely to leave India short …
Read More »Russian crude continues to make up 50% of India’s oil imports in July as Hormuz risks persist
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 …
Read More »