Indian news weekly; Hormuz-disruption and supply-mix angle
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Outlook India · India · India sets record for Russian crude imports in June at 2.35 million bpd as US sanctions waiver lapses unrenewed
Framed the record imports as a structural supply-mix shift caused by the Strait of Hormuz disruption since late February 2026: roughly 40% of India's crude normally transits the strait, and Iraq, its second-largest supplier, has exported virtually nothing to India for four months. Russia has filled the gap at a discount, with Venezuela emerging as a secondary alternate.
“India's Russian oil imports set for record high in June as Hormuz disruption reshapes supply mix.”