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Indian Oil Firms Face 40% Surge In Crude Costs As Middle East Disruptions Tighten Supply

Indian Oil Firms Face 40% Surge In Crude Costs As Middle East Disruptions Tighten Supply
Photo: Free Press Journal · view original

Indian oil marketing companies are facing a sharp increase in crude procurement costs as disruptions across key Middle East supply routes reduce the availability of physical barrels and raise the price of replacement shipments. As per a report by NDTV Profit, aome refiners are now paying 35-40% m...

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