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The Economic Times
The Economic Times
Business

India's crude imports remain resilient despite Strait of Hormuz tensions

India Oil Strait Sumit Ritolia Russia United States Gulf Kpler

New Delhi: India's crude oil imports remain well insulated from the latest tensions around the Strait of Hormuz, although prolonged instability could disrupt LPG and LNG supplies and raise shipping costs, according to a Kpler analyst.

The latest exchange of fire in the region, following US President Donald Trump's comments on a ceasefire, has renewed concerns over the security of one of the world's busiest energy shipping lanes.

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