https://www.taxtmi.com/news?id=71509 India increased Russian crude imports to offset shipments halted through the Strait of Hormuz, reducing the immediate shortfall from Middle Eastern supplies while maintaining refined product availability. The Strait of Hormuz is identified as a critical chokepoint for crude, LPG and LNG; mitigation measures include supplier diversification, enhanced Russian flows, and refinery adjustments to maximise LPG recovery, though such optimisations yield only marginal increases and leave a significant import dependency. en-us Wed, 11 Mar 2026 21:16:03 +0530 Wed, 11 Mar 2026 21:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71509 India increased Russian crude imports to offset shipments halted through the Strait of Hormuz, reducing the immediate shortfall from Middle Eastern supplies while maintaining refined product availability. The Strait of Hormuz is identified as a critical chokepoint for crude, LPG and LNG; mitigation measures include supplier diversification, enhanced Russian flows, and refinery adjustments to maximise LPG recovery, though such optimisations yield only marginal increases and leave a significant import dependency. News - Wed, 11 Mar 2026 21:16:03 +0530 https://www.taxtmi.com/news?id=71509