IOC buys seven million barrels of U.S., West Asia crude after Russian oil pause

IOC buys seven million barrels of U.S., West Asia crude after Russian oil pause

India, the world’s third-largest oil importer, is the biggest buyer of seaborne Russian crude. | Photo Credit: Reuters Indian Oil Corporation (IOC), the country’s top refiner, has bought seven million barrels of September-arrival crude from the United States, Canada and West Asia via a tender, several trade sources said on Monday (August 4, 2025). IOC’s […]

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