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1 source grouped by AFBytes in Economy

AFBytes briefing

Higher crude imports affect global energy prices and can raise costs for U.S. drivers and manufacturers reliant on stable fuel supplies.

What to watch next

  • Watch the next OPEC+ production meeting for signals on spare capacity releases that could offset Hormuz risks.
Economy timesofindia.indiatimes.com · Jun 22, 2026 08:36 UTC

India boosts Russia crude buys amid Hormuz concerns

India is accelerating purchases of Russian crude and building reserves while monitoring risks to the Strait of Hormuz. The moves follow escalation between the United States and Iran. Officials aim to…