West Asia crisis raises oil supply risks for India
after close1 source ↓written by the desknot a recommendation
- of oil imports
- 40-50%
- of India's crude
- 46%
The ongoing West Asia crisis poses short-term risks to India's crude supply chain, as 40-50% of oil imports transit the Strait of Hormuz. Morgan Stanley reports that 46% of India's crude basket is sourced from this region, highlighting its vulnerability. However, diversified sourcing and inventories should mitigate immediate impacts.
Not investment advice. For informational purposes only.