
Saudi Arabia, Russia provide oil provide continuity for India amid Iran’s Hormuz uncertainty
“Nonetheless, India’s evolving import combine offers a robust cushion – Russian inflows (2.2 million barrels of oil per day, or mb/d, in June) now exceed mixed Center East provides, and additions from the US, West Africa, and Latin America bypass Hormuz completely,” the report contended. India imports 5.5 mb/d of crude, with 2mb/d (over 35…