The Hindu·2 min read·medium
Indian Oil Corporation cancels Iraq oil lifting amid attacks, sources say
R
Reuters
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Indian Oil Corporation and Mangalore Refinery have cancelled plans to lift Iraqi oil from the Basrah terminal due to security risks in the Strait of Hormuz. The decision follows renewed conflict and attacks on vessels in the region.
Indian Oil Corporation has cancelled the lifting of Iraqi oil from Basrah Oil Terminal due to increased risk and attacks on some vessels transiting through the Strait of Hormuz , three sources familiar with the matter said.
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