With approximately 10 million barrels of Russian crude available in Asian waters, India could quickly pivot to meet its energy demands. Russia's readiness to support India with energy supplies offers a viable alternative, especially considering the discounted prices of Russian crude. India had earlier reduced its Russian oil imports under US pressure, but the current situation might prompt a rethink. With approximately 10 million barrels of Russian crude available in Asian waters, India could quickly pivot to meet its energy demands. Unlike crude oil, India doesn't maintain large strategic LPG reserves, making supplies more sensitive to disruptions.


Source:   dna
March 03, 2026 15:38 UTC