Russia plans to transfer crude oil to India to fill the supply gap from the Middle East.

1. Industry insiders revealed that Russia is ready to redirect oil to India to fill the gap caused by Middle Eastern supply disruptions. Currently, oil tankers carrying about 9.5 million barrels of Russian crude are located in waters near India and can arrive within weeks, quickly easing supply conditions for local refineries. Russia is also prepared to supply liquefied natural gas to India, after Qatar, the main supplier, suspended production due to conflict. 2. India is vulnerable to supply shocks, with crude oil inventories sufficient for only about 25 days of demand. About 40% of India's crude oil imports pass through the Strait of Hormuz, and the near closure of this route has forced India to seek alternatives. Government sources said they are looking for alternative supply channels to cope with a situation where the Middle East conflict lasts more than 10-15 days. 3. Industry sources said Russia is ready to help India meet 40% of its crude oil demand. The Indian Ministry of External Affairs, Ministry of Petroleum, and the Russian Embassy in New Delhi did not immediately respond to requests for comment. An Indian source said a few days before the outbreak of hostilities that Indian companies had not been instructed not to purchase Russian oil.