How the Iran war has stoked competition between India and China for Russian oil

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Source: CNBC
Published: 2026-04-23 18:53 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Asia, Military & Defence, Iran, Energy, Economy & Finance, China, Financial Markets, India, World News, Business & Economy, War & Conflict, Asia Pacific
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Snippet:
India and China, two of the world's major oil importers, are competing for scarce global crude supplies as disruptions in the Strait of Hormuz and stalled peace talks between the U.S. and Iran tighten the market.
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