Russia reports India’s renewed interest in larger crude oil imports amid Strait of Hormuz disruptions. Moscow sees this as a chance to reduce discounts to Asian buyers. India, however, assures sufficient reserves and diversified sourcing, with only 40% of its crude imports passing through the critical waterway. Russia reports India’s renewed interest in larger crude oil imports amid Strait of Hormuz disruptions. Moscow sees this as a chance to reduce discounts to Asian buyers. India, however, assures sufficient reserves and diversified sourcing, with only 40% of its crude imports passing through the critical waterway.
