Business

India boosts Russian, UAE oil purchases in June ahead of full Hormuz recovery

India increases oil imports from Russia and UAE in June, diversifying supplies ahead of potential Strait of Hormuz recovery.

1 min read
India boosts Russian, UAE oil purchases in June ahead of full Hormuz recovery

India’s crude oil imports from Russia surged in June, while shipments from the United Arab Emirates were near-record levels as refiners sought to secure supplies ahead of the full restoration of flows from Gulf producers following the reopening of th