Iran’s strategic position along the Hormuz coastline provides various retaliatory possibilities against US strikes. (AI image) Will Iran choke the global oil supply by closing the Strait of Hormuz? Recent US military actions against Iran’s nuclear sites have highlighted Tehran’s potential to disrupt oil commerce, particularly via the strategically vital …
India’s reliance on crude oil imports is at approximately 90%, with Middle Eastern nations supplying more than 40% of these imports. (AI image) Iran-Israel war & Strait of Hormuz: With escalating tensions between Iran and Israel, especially after the US bombed nuclear facilities in Iran earlier today, there are rising …
Indian refiners are expected to purchase 2-2.2 million barrels per day of Russian crude oil in June, reaching a two-year peak. (AI image) Iran-Israel conflict impact: India has increased its Russian oil procurement in June, with import volumes surpassing the combined purchases from Saudi Arabia and Iraq, amidst market instability …