Mangalore Refinery News
Indian refineries seek help from Saudi Arabia to counter Iran oil supply cut
The threat of Iran halting crude oil supplies from next month has prompted domestic refiners to explore additional supplies from Saudi Arabia.
Iran supplies 12 per cent of India’s crude oil requirements,. It has indicated it will stop supply of crude from August if pending payments were not made.
Iran supplies 21 million tonnes yearly, the second biggest supplier after Saudi Arabia. Domestic
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