India’s March oil imports dip on West Asia war, Russian volumes hit record high: data Business News & Hub

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India’s crude oil imports fell 13% in March from ​pre-war levels in February, with half coming from Russia, ⁠after the U.S.-Israeli conflict with Iran halted West Asian shipments via the Strait of Hormuz, shipping data showed.

The world’s third-largest oil importer and consumer imported 4.5 million barrels per ‌day (bpd) of crude in March, the data obtained from industry sources showed.


Source: https://www.thehindu.com/business/Industry/indias-march-oil-imports-dip-on-west-asia-war-russian-volumes-hit-record-high-data/article70889996.ece