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Ukraine strikes on Russian oil ports put India’s refining lifeline at risk, IEA warns
Summary by The Economic Times
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Ukraine strikes on Russian oil ports put India’s refining lifeline at risk, IEA warns
Ukraines drone strikes on key Russian oil ports — Primorsk, Ust-Luga and Novorossiysk — are threatening Indias crude supply chain, with the International Energy Agency warning of potential disruptions to refining operations. With about 80% of Indias Russian imports routed through these hubs, any prolonged outage could tighten feedstock availability, even as reliance on discounted Russian crude has surged and alternative supplies remain limited.
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