India secures crude oil despite Middle East disruptions

20 May 2026via The Times of IndiaSource

English हिंदी తెలుగు தமிழ்ಕನ್ನಡ मराठी বাংলা ગુજરાતી

India secures crude oil despite Middle East disruptions Amid escalating US-Iran tensions affecting global oil flows, India has diversified imports from Russia and alternative suppliers. Refineries have adjusted sourcing, with Russian crude now making up over 40% of India’s imports. This strategic shift helps maintain supply stability and cushions local refiners from price shocks.

📊 STOCKS: IOCL | 🏢 SECTOR: Energy | #HIGHIMPACT #CrudeOil

#CrudeOil#GeopoliticalRisk#EnergySecurity#ImportDependency

Stocks mentioned

BPCLBharat Petroleum Corporation Limited

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