Daily Energy Report

India’s Russian oil imports, US crude inventories, Russian refineries attacked, Petrobras shakes investors, BP/UAE Israel deal on hold, Giant plane for wind blades, Methane emissions, and more.

Chart of the Day: India’s Oil Imports from Russia through the Red Sea Continue to Rise

Summary

Figure (1) shows India’s oil imports from Russia by routs. It shows that India’s oil imports via the Red Sea have been increasing despite the Houthi attacks on ships and oil tankers. 

EOA’s Main Takeaway