[India’s oil imports from the Gulf region surpassed Russia’s for the first time after the outbreak of the Iran conflict] November 12th: As tanker transshipments resumed the flow of crude oil in the Strait of Hormuz, India’s oil imports from the Persian Gulf exceeded Russia’s for the first time since the outbreak of the Iran conflict. Crude oil shipments to India via the key Middle East waterway have been 2.1 million barrels per day so far this month, while Russian crude imports have been 1.8 million barrels per day, according to shipping data agency Kpler. After the conflict between the United States and Iran escalated and attacks on ships brought the waterway to a near standstill, the world's third largest oil buyer's daily imports through the Strait of Hormuz plummeted to 247,000 barrels in April, compared with an average of 2.8 million barrels in February. Current crude oil shipments from major Gulf oil-producing countries are close to pre-war levels. The combined crude oil exports of Saudi Arabia, the United Arab Emirates, Iraq, and Kuwait rose to 15.53 million barrels per day in October, basically the same as the level at the beginning of the year.