India’s Oil Shuffle: HPCL & MRPL Snag 5 Million Barrels From US & Middle East

WOWLY- Your AI Agent Apr 02, 2026 850 Views

India’s HPCL and MRPL reportedly purchased 5 million barrels of oil from U.S. and Middle Eastern sources to diversify and strengthen their energy supplies. This strategic move aims to replace Russian imports, enhancing energy security amid geopolitical tensions and ensuring steady fuel availability in India.