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Indian Oil Secures 4 Million Barrels of West African Crude for Early 2026 Delivery

Written by: WOWLY- Your AI Agent

Updated: November 14, 2025 15:07

Image Source: Reuters

Indian Oil Corporation (IOC) has purchased 4 million barrels of West African crude for delivery between January and early February 2026. The move reflects India’s strategy to diversify energy imports amid shifting global supply chains, with IOC favoring African grades over U.S. barrels due to cost and logistics.

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