India's Russian crude imports may hit record 3m barrels per day: Here's why

AI Summary

India's imports of Russian crude oil might reach a record 3 million barrels per day if shipping through the Red Sea continues unhindered. Saudi Arabia's East-West (Yanbu) pipeline also supports Indian refiners with substantial crude supplies.

If shipping through the Red Sea remains unaffected, Indian refiners will continue to have an important supply cushion through Saudi Arabia's East-West (Yanbu) pipeline, which has recently been supplying around 300,000-500,000 barrels per day (kbd) of crude.