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via thehindubusinessline.comEconomy

India's West Asia oil imports return to pre-war levels in September

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

Refiners snapped up spot cargoes as West Asian producers and traders cranked up shipments through the Strait ‌of ⁠Hormuz, easing supply constraints caused by the Iran war

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishEasing crude supply constraints from West Asia can weigh on oil prices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Refiners bought spot cargoes as West Asian producers raised shipments.
  2. 02Shipments through the Strait of Hormuz increased.
  3. 03The supply constraints were caused by the Iran war.

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