UAE beats Saudi to emerge India’s second-largest crude supplier in May

The Strait of Hormuz has remained disrupted for a third consecutive month following US and Israeli strikes on Iran on February 28, 2026, severely curtailing crude oil shipments through this critical chokepoint and forcing major rerouting via the Fujairah and Yanbu bypass pipelines. India has lost roughly 50% of its usual energy supply route through Hormuz (~2.5–2.7 million bpd), triggering significant shifts in tanker traffic patterns toward alternative ports and diversified supplier origins.