India's oil outlook in a fractured geopolitical order
India's oil calculus is being reshaped by discounted Russian crude, shifting US trade policy, OPEC supply discipline, and China's stockpiling. We examine refinery readiness, sanction leakage, price risks into 2026, and what demand, storage and shipping tell us about the next cycle. The lens: energy security, macro stability, and how policy choices could buffer or amplify shocks.