Strait of Hormuz closure
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Business
International Energy Agency: IEA’s record 400 million-barrel oil release may offer only limited relief if Hormuz stays shut: S&P Global Energy – The Times of India
The International Energy Agency’s decision to release 400 million barrels of emergency oil stocks, the largest reserves drawdown in its…
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Business
US-Iran war sends shockwaves! Most crude via Strait of Hormuz heads to China, India – how vulnerable are they after closure? – The Times of India
Any interruption to navigation in the Strait of Hormuz poses a serious threat to international oil trade flows. Strait of…
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Business
‘We are getting signals’: Russia says India hints ‘renewed interest’ in more crude imports amid Iran crisis – The Times of India
Russia on Tuesday claimed that India has signalled “renewed interest” in importing larger volumes of Russian crude oil as disruptions…
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