India's crude imports rebound as refiners diversify sourcing amid Gulf disruptions: HSBC

Iran Herald · June 30, 2026 Sanctions

New Delhi, [India] June 30 (ANI): India's crude oil imports have largely recovered to pre-conflict levels despite months of disruptions in the Middle East, with refiners successfully diversifying supplies by increasing purchases from Russia, the United States, Oman, West Africa and South America, according to an HSBC Global Research report.

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