With the escalating conflict in the Middle East, India has increased crude imports from Russia to reduce reliance on shipments through the Strait of Hormuz, a key oil chokepoint threatened by tensions involving Iran, the US, and Israel.
Global oil prices have surged due to fears of disruptions, prompting India to seek safer alternative routes. Russian crude, transported via non-Hormuz paths, provides a more secure and predictable supply.
Officials say the shift also helps India manage potential economic impacts, such as higher import bills and inflation. Additional measures, including using strategic reserves and fuel conservation, are being considered.
While challenges like shipping logistics and sanctions exist, Indian refiners continue to diversify supplies to maintain fuel availability and safeguard the economy.
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