Indian refiners suspend Iraq oil loadings amid Hormuz risks
after close1 source ↓written by the desknot a recommendation
- which can carry
- 2 million barrels
Two Indian state-run refiners have halted crude oil loadings from Iraq due to escalating security risks in the Strait of Hormuz. Indian Oil Corp. canceled plans for the supertanker Lila Jamnagar, which can carry 2 million barrels. Mangalore Refinery & Petrochemicals Ltd. also suspended operations, highlighting concerns over vessel safety in the region.
Not investment advice. For informational purposes only.