Indian oil refiners are facing shipping costs of $12-$20 per barrel, up from $8-$10, as Strait of Hormuz congestion and shipment diversions increase crude transportation expenses and pressure refining margins.
Indian oil refiners are facing shipping costs of $12-$20 per barrel, up from $8-$10, as Strait of Hormuz congestion and shipment diversions increase crude transportation expenses and pressure refining margins.
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