Russia plans to redirect oil exports to India due to supply disruptions

jp.reuters.com

Russia is preparing to divert oil exports to India amid supply disruptions caused by US-Israeli attacks on Iran. Approximately 9.5 million barrels of Russian crude are on vessels near India, potentially arriving within weeks. India's oil reserves are low, covering only about 25 days of consumption. India seeks alternative sources as its imports via the Strait of Hormuz are disrupted, with Russia offering to supply up to 40% of India's needs.


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