13 Hrs
Source:
الاقتصادية
Source: الاقتصادية
13 Hrsالاقتصادية
Source: الاقتصادية
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India’s imports of Gulf oil have surpassed Russian supplies for the first time since the outbreak of the Iran war. Shipments through the Strait of Hormuz have averaged 2.1 million barrels a day since the start of November, compared with 1.8 million barrels a day from Russia. The shift came as shipping through the strait recovered and Indian refineries returned to their traditional suppliers. Competitive prices also made Gulf oil more attractive, while Russian oil faced higher shipping costs and longer voyages.
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