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Steady8 stories5 sourcesLast updated: 6/2/2026

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India Increases Russian Oil Purchases Amidst Strait of Hormuz Crisis
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World·6/2/2026AI summary

India Increases Russian Oil Purchases Amidst Strait of Hormuz Crisis

India has significantly increased its purchases of Russian oil, with plans for further acquisitions, according to Rakesh Bhadauria, Director of the Center for Strategic Studies and Modeling. This surge is partly driven by the crisis in the Strait of Hormuz, which has impacted India's LNG imports but not its oil supply from Russia. The trade turnover between Russia and India exceeded $65 billion in 2025 and is expected to grow.

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Iranian Forces Attack Indian-Flagged Tankers in Strait of Hormuz
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World·4/21/2026AI summary

Iranian Forces Attack Indian-Flagged Tankers in Strait of Hormuz

Iranian forces attacked two Indian-flagged tankers in the Strait of Hormuz on Saturday, marking an awkward incident for Tehran given New Delhi's neutral stance and continued trade ties, including recent oil purchases under a US sanctions waiver. The Jag Arnav and Sanmar Herald were carrying crude oil, with one transporting 2 million barrels from Iraq. Analysts believe the attack was likely mistaken identity rather than deliberate, but highlights the risks of military pressure in the congested waterway. No crew injuries were reported, though Sanmar Herald sustained minor damage.

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