BUSINESSAug 1 · 09:30 UTCBLOOMBERGRakesh Sharma

Indian Oil Buys Record Spot Market Crude on Mideast Supply Hit

Indian Oil Corp purchased a record share of its crude oil from the spot market during the April-June quarter due to the US-Iran conflict disrupting Middle East supplies. The company is adjusting its procurement strategies amid geopolitical tensions.

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Indian Oil Corp.organizationU.S.-Iran conflicttopicMiddle EastplaceCrude Oiltopicspot markettopic

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