Gulf Crude Shipments to India Overtake Russian Supply
Kpler data cited by Bloomberg show Persian Gulf shipments to India averaging 2.1 million barrels per day so far in November, versus 1.8 million bpd from Russia. It is the first time Gulf supply has overtaken Russian oil since the Iran war began.
Crude shipped to India through the Strait of Hormuz has overtaken Russian supply for the first time since the Iran war began, Kpler data cited by Bloomberg show.Shipments from the Persian Gulf averaged 2.1mn barrels per day (bpd) so far in November, against 1.8mn bpd from Russia, the agency reporte…