Indian refiners are increasingly turning to Persian Gulf crude and pulling back from their mainstay supplier Russia, as | Hanami
Indian refiners are increasingly turning to Persian Gulf crude and pulling back from their mainstay supplier Russia, as sky-high freight costs erode the economics of long-haul shipments #oott https://www.bloomberg.com/news/articles/2026-10-26/gulf-oil-bargains-lure-india-away-from-russia-as-freight-soars?utm_source=website&utm_medium=share&utm_campaign=twitter