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India’s Oil Imports Shift as Hormuz Disruption Cuts Middle East Supply

By Uniquetimesorg April 21, 2026 0

India’s crude oil imports dropped 13% in March compared to February, as escalating tensions involving the United States, Israel, and Iran disrupted shipments through the critical Strait of Hormuz. According to industry shipping data, the country—one of the world’s largest oil consumers—imported about 4.5 million barrels per day (bpd) during the month. The disruption Continue Reading

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US-Israel Strikes on Iran Put Half of India’s Oil Imports at Risk

By Uniquetimesorg February 28, 2026 0

India’s oil supply faces renewed geopolitical risks after coordinated strikes by the US and Israel on Iran, threatening the critical Strait of Hormuz through which nearly 50% of India’s crude imports transit. According to analytics firm Kpler, India’s Hormuz-linked imports rose to 2.6 million barrels per day in February from 2 million bpd last year. […]Continue Reading

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Saudi Overtakes Russia To Be India’s No. 2 Oil Supplier

By uniquetimes September 15, 2022 0

According to data from industry and trade sources, after a three-month lull, Saudi Arabia surpassed Russia to become India’s second-largest oil supplier, while Iraq continued to hold the top rank in August. The third-largest oil importer and consumer in the world, India, imported 863,950 barrels of petroleum per day (bpd) from Saudi Arabia, up 4.8% […]Continue Reading

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Brent falls by 2.5 percent

By uniquetimes December 15, 2014 0

Oil prices bounced back more than a dollar on Monday, after hitting 5-1/2-year lows of $60.28 earlier in the session, as traders began pricing in expectations of improving manufacturing data to be published later this week. Brent fell as much as 2.5 percent after the International Energy Agency forecast price falls and OPEC’s chief defended the group’s decision not […]Continue Reading