Daybreak

Yesterday, Reuters reported, Indian refiners have rushed to secure prompt cargoes of Russian crude as the war involving Iran disrupts supplies from the Middle East. The crisis has choked traffic through the Strait of Hormuz — a route that normally carries around 40% of India’s oil imports — forcing companies to scramble for alternatives. 

The shift is striking. New Delhi had spent months cutting back Russian imports under U.S. pressure. But with India holding only about 25 days of crude reserves, the war has quickly exposed how thin that buffer really is. 

So how did India’s energy strategy end up here, between Russian oil, U.S. pressure, and a war in Iran? Host Snigdha Sharma
 explains.

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Creators and Guests

Host
Snigdha Sharma
Senior producer and co-host of The Ken's flagship daily news podcast. Previously hosted and produced podcasts at The Indian Express and Newslaundry

What is Daybreak?

Business news is complex and overwhelming. It doesn’t have to be. Every day of the week, from Monday to Friday, Daybreak tells one business story that’s significant, simple and powerful.

Hosted from The Ken’s newsroom by Snigdha Sharma and Rachel Varghese, Daybreak relies on years of original reporting and analysis by some of India’s most experienced and talented business journalists.