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The Economic Times

Economy / The Economic Times

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Indian refiners buying prompt Russian oil as Iran war hits supplies, sources say

As geopolitical tensions in the Middle East threaten to disrupt oil supplies, Indian refiners are turning to Russian crude oil in a bid to bolster their energy security. This proactive approach involves negotiations for quick delivery of Russian shipments, reflecting a departure from prior reductions driven by external pressures from the US.

5 Mar 2026 11:46 pm