India does not see a threat to the country’s oil imports due to tension in the Red Sea. Indian Petroleum and Gas Minister Hardeep Singh Puri announced this at a press conference in New Delhi. TASS.
According to him, it is possible to look at alternative logistics routes if the situation continues. However, there is no cause for concern yet.
Japanese media had previously warned that supply disruptions in the Red Sea could lead to higher prices and disruptions to global supply chains. The cost of delivering a container via an alternative route increases more than 3 times.
However, the Indian minister is confident that the situation has not yet reached a critical point to worry about uninterrupted oil supplies to India.
Last week, a tanker belonging to the Trafigura Group was attacked by the Houthis in the Red Sea. carried Russian fuel violates G7 anti-Russian sanctions. Following the attack, the ship caught fire and the British tanker Marlin Luanda was also damaged. The Houthis announced that they plan to attack commercial ships in the Red Sea every 12 hours.
Previously Novak stated On the redirection of Russia’s gas exports to Asia.