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West Asia tensions may disrupt oil supplies if attacks reach Hormuz Strait
At present, the prospects for oil are looking better for consumers like India despite the escalating hostilities
India continues with Russian oil buys, cuts shipments from Saudi
Saudi Arabia's decline in India's oil market has coincided with Russia's rise, and ironically occurred amid growing diplomatic ties between Riyadh and New Delhi
US replaces Kuwait as India's 6th biggest oil supplier; Iraq remains on top
The US supplied 5.4 million tonnes of crude oil during the first six months of 2019-20
Letter to BS: Over dependency on Middle East for oil may hit India hard
India's demand for crude is assessed at 8.2 million bbl/d by 2040, while domestic production will remain relatively flat at around 1 million bbl/d
Iraq overtakes Saudi Arabia as India's top oil supplier: Dharmendra Pradhan
Saudi Arabia supplied 21.9 MT of crude oil in the first seven months of 2017-18, says Dharmendra Pradhan
