India bought 55% oil from regions outside Strait of Hormuz in Feb: Report
In February, India sourced 55% of its crude oil from regions outside the Strait of Hormuz, with Russia being the largest supplier, government officials told Moneycontrol. The country has diversified its energy sources to get a stable supply amid situations such as the Middle East conflict. "India takes its own decision on where to source oil from," a source said.