India's oil imports shift amid West Asia conflict escalation
after close1 source ↓written by the desknot a recommendation
- vessel crossings
- 31 per day
- 43
The conflict in West Asia is expanding, impacting India's crude oil imports. Recent attacks by the Yemen-based Houthi militia on Saudi tankers near the Bab al-Mandab have reduced vessel crossings to 31 per day, down from 43. This disruption could lead to increased reliance on Russian oil, despite associated risks.
Not investment advice. For informational purposes only.