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Saudi crude sales to India jump 152% in July as refiners rebuild Gulf supply but Russia holds over half the basket
Gulf producers are recovering lost ground but are yet to reclaim their pre-Iran war share of India’s crude basket
India is better cushioned for Hormuz’s reclosure but the risk premium is climbing again
Diversified sourcing bought refiners room to manage, a prolonged Hormuz closure would still inflate the import bill, and Qatari LNG…
MRPL, IOC secure Iraqi crude cargo amid Hormuz reopening
The latest fixtures point to a cautious restart of Iraqi crude logistics after the Iran war tightened vessel availability
India rolls back CNG rationing as Hormuz shipping resumes
Plus: New refinery with 180k bbl/d inaugurated by Modi
June crude imports show Russia widening its lead over MENA suppliers
Plus: India is in no hurry to cut retail fuel prices
India unwinds fuel curbs, cuts export taxes as Gulf supply crunch eases
Private retailer Nayara slashes pump prices while state-run companies ease gas rates
India is set to clear Aramco and China-backed Horse Powertrain investment proposal
The planned clearance would be among the first under India’s eased rules for Chinese-linked investment
RBI sees inflation anchored despite energy shock
Plus: PMI slows on weaker demand
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