India Crude Oil Archives

India Turns To Venezuela As Hormuz Disruptions Put Gulf Oil Flows At Risk

DainikNews Live Admin3 hours ago012 mins

News india India Turns To Venezuela As Hormuz Disruptions Put Gulf Oil Flows At Risk Last Updated:August 20, 2026, 7:43 PM IST More domestic output can’t end India’s import dependence, but it can reduce the need for overseas crude. Venezuelan oil has returned to India’s import mix after purchases resumed in April. The increase has…

India will again increase the purchase of crude oil from Russia: Eye on 95 lakh barrel oil tankers; Supply stopped from Strait of Hormuz amid Iran-Israel war

DainikNews Live Admin6 months ago08 mins

New Delhi9 minutes ago copy link After the war between Iran and Israel in the Middle East and the oil supply chain being affected, India has once again turned towards Russia. According to Bloomberg report, India is planning to increase the purchase of crude oil from Russia to meet its needs. In the last few…