IOC buys seven million barrels of U.S., West Asia crude after Russian oil pause
India, the world’s third-largest oil importer, is the biggest buyer of seaborne Russian crude. | Photo Credit: Reuters Indian Oil Corporation (IOC), the country’s top refiner, has bought seven million barrels of September-arrival crude from the United States, Canada and West Asia via a tender, several trade sources said on Monday (August 4, 2025). IOC’s…
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