India Boosts Russian And UAE Oil Imports In June

India ramped up crude oil imports from Russia to 2.66 million barrels per day in June (up from 1.91 million bpd in May) and maintained near-record purchases from the UAE at 636,000 bpd. Refiners secured supplies ahead of the full reopening of the Strait of Hormuz following the US-Iran ceasefire, while diversifying sources amid earlier disruptions.