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.

Amazon is reportedly laying off approximately 200 employees in its Fashion and Fitness group, which is part of its broader effort to expand its apparel and fashion categories in the United States. This round of job cuts affects employees in San Diego, according to a report from Business Insider, citing internal communication shared on a Slack channel.

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