Trump sanctions impact: India looks at Middle-East for oil imports; pulls away from Russian crude
With US sanctions on the horizon, Indian oil refineries are redirecting their focus to the Middle East for crude oil supplies. A noticeable rise in tanker bookings from Saudi Arabia, Kuwait, Iraq, and the UAE highlights a major transformation in their sourcing strategy.
With US sanctions on the horizon, Indian oil refineries are redirecting their focus to the Middle East for crude oil supplies. A noticeable rise in tanker bookings from Saudi Arabia, Kuwait, Iraq, and the UAE highlights a major transformation in their sourcing strategy.
