Indian Oil Corp IOC bought its first Ecuadorean Oriente crude cargo for end-March delivery via a tender, two trade sources said, as the country’s top refiner expands its oil sourcing to partly replace some Russian oil. U.S. and European Union sanctions on Russian producers and vessels are disruptin»»»

Indian Oil Corporation has secured its first cargo of Ecuadorean Oriente crude for delivery by the end of March. This strategic purchase aims to diversify the nation's oil imports. The move comes as global sanctions disrupt Russian oil supplies. Indian refiners are actively seeking alternative sour»»»