India shielded fuel supply through crude diversification amid Hormuz turmoil: S&P Global Energy official
Published on: May 7, 2026, 6:44 a.m. | Source: The Economic Times
India's refinery operations remain robust despite global energy market disruptions from the Strait of Hormuz crisis. The nation has diversified crude purchases, increasing imports from multiple sources, including significant Russian oil acquisition, to maintain domestic fuel supplies. While India's energy system faces pressure, its efficient buying strategy and diversified sourcing have kept refineries running at strong levels.
