Strait of Hormuz blockade: India, China’s alternate oil supply cushion fades as Russian crude on water runs low – The Times of India

Strait of Hormuz blockade: India, China’s alternate oil supply cushion fades as Russian crude on water runs low – The Times of India

India faces greater exposure. It depends heavily on the Gulf region not just for crude oil but also for liquefied petroleum gas. (AI image) India and China, among the largest economies in Asia, are staring at a supply crunch for their energy needs as the Middle East conflict drags on. Asia’s biggest crude importers have…

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