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India keeps refineries running despite Hormuz shock by diversifying crude supply fast

India
Published on 7 May 2026
India keeps refineries running despite Hormuz shock by diversifying crude supply fast

Most of the cushion came from diversified imports

India is sustaining strong refinery operations even as Strait of Hormuz tensions disrupt global energy markets. S&P Global Energy says the key has been aggressive crude diversification, shifting purchases across multiple sources and raising significant Russian oil imports. This strategy is helping protect domestic fuel supplies, keeping refineries running at steady, resilient levels despite mounting pressure in the energy system.

  • Hormuz turmoil has disrupted global energy markets
  • India diversified crude purchases to avoid supply shocks
  • Imports, including large Russian oil volumes, boosted resilience
  • Refinery operations remain strong despite rising pressure
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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