Indian Oil to trim West Asia oil imports under annual deals amid Iran war

· thehindubusinessline.com

IOC, ‌the country's top refiner, had planned to source about 47% of its crude imports from ‌West Asia producers under annual deals on a free-on-board (FOB) ‌basis ⁠

Indian Oil Corp (IOC) plans to cut its West Asian oil purchases under annual deals in 2027/28 as the Iran war has created ‌uncertainty for supplies from the r...


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