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Oil Price Shock Forces India's Top Refiners to Suspend Fuel Credit

ports_congestion UTC: 2026-03-17 12:30:00

India’s state-controlled refiners and retailers are requesting advance payments for the fuel they are supplying to fuel stations as the Middle East war chokes supply to the world’s third-largest crude importer and sent crude prices soaring. Indian Oil Corporation (IOC), Hindus...

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