India Buys Big: US Oil to Offset Trade Tensions?

Indian refiners are snapping up U.S. crude oil amid pricing advantages, with Indian Oil Corporation, Bharat Petroleum, and Reliance Industries leading the charge. Despite rising tariffs, these purchases could ease trade tensions with the U.S. European traders are also getting in on the action, while Bharat Petroleum is trying Nigerian Utapate oil for the first time. India's diversifying its oil sources to secure its energy supply amidst global market shifts. Hosted on Acast. See acast.com/privacy for more information.