Strait of Hormuz uncertainty chokes crude imports: India’s oil stock down 15% since US-Iran war; here’s what it means

Analysts believe that if supply disruptions persist for an extended period, refiners may eventually have to scale back refinery runs or reduce crude processing activity. They say this could partly explain Prime Minister Narendra Modi urging citizens to conserve fuel.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/CMoZgiy
https://ift.tt/QKpFb8s