Saudi Arabia significantly boosted crude oil supplies to India in February, nearly matching Russia’s top position. This surge, the highest in six years, reflects a shift by refiners away from some Russian volumes. However, ongoing Gulf disruptions may force India to seek alternative import routes, potentially altering the supply landscape. Saudi Arabia significantly boosted crude oil supplies to India in February, nearly matching Russia’s top position. This surge, the highest in six years, reflects a shift by refiners away from some Russian volumes. However, ongoing Gulf disruptions may force India to seek alternative import routes, potentially altering the supply landscape.
