Indian Oil diversifies crude basket, taps Angola, Brazil and UAE amid Russia pullback: Report
Indian Oil Corporation is buying more crude oil from countries like Brazil. This move reduces dependence on Russian oil. Refiners are sourcing from the Middle East, Africa, and Latin America. This diversification strategy expands supplier options. India aims to secure diverse oil supplies for its needs.🕒 1 min read
Indian Oil Corporation is buying more crude oil from countries like Brazil. This move reduces dependence on Russian oil. Refiners are sourcing from the Middle East, Africa, and Latin America. This diversification strategy expands supplier options. India aims to secure diverse oil supplies for its needs.
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