India increases Russian and UAE oil imports
Indian refiners lifted volumes from Russia and the UAE in June. The moves diversify supply ahead of any reopening of the Strait of Hormuz. Officials aim to keep domestic fuel costs stable.
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AFBytes briefing
India's sourcing decisions influence global crude flows and can moderate price volatility that eventually reaches U.S. fuel markets.
What to watch next
- Watch Indian petroleum ministry monthly import data and any Hormuz transit notices for volume shifts.