India State Refiners Hunt for Crude as Middle East Flows Choked


“Russian crude remains India’s strongest supply hedge,” said Sumit Ritolia, a lead analyst at Kpler, adding that imports from the country may exceed 3 million barrels a day, if supplies are available. However, Ukrainian attacks on Moscow’s energy infrastructure have slashed Russia’s July crude exports by 400,000 barrels a day from the previous month, according to Kpler.



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