S6/10Social

Indian Oil Buys Record Spot Market Crude on Mideast Supply Hit

Indian Oil Corp. bought a record share of its crude oil from the spot market in the April-June quarter after the US-Iran conflict upended supplies from the Middle East. The shift shows how geopolitical turmoil is forcing even the region’s biggest buyers to abandon long-established procurement strategies.

01 Aug 2026, 09:30 UTCSource: Bloomberg MarketsOriginal source

Click a tag to subscribe via email/Telegram (manage channels in Account).

⚠️ A model estimate of cascade risk — not a guarantee and not buy/sell. Calibration uses resolved outcomes only; monitor confirmation indicators below.
A
Эскалация

Forecast derived from cascade analysis. Watch confirmation indicators below.

Horizon: 7–30 days

Exact probability, cascade chain, and confirmation indicators unlock for approved members.

Checking access status…