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“Indian Oil Corp Secures 7 Million Barrels of Crude as US Sanctions Impact Russian Oil Supplies”

Indian Oil Corp Buys 7 Million Barrels of Crude Amid US Sanctions on Russian Oil

Indian Oil Corp (IOC), India's largest refiner, has made a significant purchase of 7 million barrels of Middle Eastern and African crude oil as it adapts to ongoing disruptions in global oil supplies. The purchase comes in the wake of recent U.S. sanctions targeting Russian oil producers and tankers, which have affected India's ability to import Russian crude.

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