Cybersecurity

India plugs oil gap as Middle East supplies sink

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India has increased its imports of Russian and African crude to mitigate a significant reduction in oil supply from the Middle East. This shift is crucial for India, which relies heavily on Middle Eastern oil but faces vulnerabilities due to geopolitical tensions and potential price hikes. Indian refiners are now focusing on securing additional barrels before US sanctions deadlines expire, indicating ongoing challenges in maintaining stable oil supplies at affordable prices.

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