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Indian state-owned refiner Bharat Petroleum Corporation Limited (BPCL) prepares to issue a $3-billion bond to finance its share of a major offshore oil development in Brazil
Indian oil refiners are adapting by hiring tankers to navigate the Strait of Hormuz, aiming to cut costs and secure supply chains in the face of rising geopolitical tensions, including US-Iran relations.
Indian oil refiners are changing how they procure crude from the Persian Gulf, with companies increasingly chartering tankers themselves to transport cargoes