Skip to content
The Mumbai

India Changes Oil Buying Strategy Amid Hormuz Crisis, Refiners Hire Own Tankers To Secure Crude Supplies

India Changes Oil Buying Strategy Amid Hormuz Crisis, Refiners Hire Own Tankers To Secure Crude Supplies
Photo: Free Press Journal · view original

New Delhi: Indian oil refiners are changing their crude procurement strategy amid continuing disruption around the Strait of Hormuz, seeking greater control over shipments from the Persian Gulf. Several refiners are now looking to hire tankers themselves to transport crude through the strategic w...

Sources and story details