12 million barrels of crude! India ramps up Venezuela oil imports to 6-year high amid US-Iran war, Hormuz crisis

India, which relies on imports for about 90% of its crude oil needs, has been exploring alternative sources after the conflict affected flows through the Strait of Hormuz, a route that typically handles nearly 40% of its oil supplies.

12 million barrels of crude! India ramps up Venezuela oil imports to 6-year high amid US-Iran war, Hormuz crisis
India, which relies on imports for about 90% of its crude oil needs, has been exploring alternative sources after the conflict affected flows through the Strait of Hormuz, a route that typically handles nearly 40% of its oil supplies.