India sees surge in crude oil imports from Middle East

India sees surge in crude oil imports from Middle East

NEW DELHI: India’s crude oil imports from the Middle East reached 3 million barrels daily in September, latest shipping data showed, indicating a return to levels before the US-Israeli war on Iran disrupted global fuel shipments. India is heavily reliant on imported crude and fuel, and surging energy prices due to the war in the Middle East are squeezing state-run refiners and affecting the broader economy. In September, oil imports flowing through the Strait of Hormuz increased, averaging aro

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