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Stocks To Watch: BSNL, Verizon Communication, YES Bank, HPCL - Market News

Stocks To Watch: BSNL, Verizon Communication, YES Bank, HPCL - Market News
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No disruption in oil flows to India, only freight up due to Red Sea crisis: HPCL

The ongoing attacks on shipping vessels by Houthi militants in the Red Sea have not impacted the flow of crude oil to India but freight has gone up due to rerouting via the Cape of Good Hope, Hindustan Petroleum Corporation Ltd (HPCL) chairman Pushp Kumar Joshi said.

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Red Sea crisis: No disruption in oil flows to India, only freight up, says HPCL head

Red Sea crisis: No disruption in oil flows to India, only freight up, says HPCL head
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Red Sea Crisis: No disruption in oil flows to India, only freight up: HPCL head, ET Auto

Red Sea Crisis: The attacks on shipping vessels in the Red Sea by Houthi militants have not affected India s crude oil supply, according to Hindustan Petroleum Corporation Ltd (HPCL) Chairman Pushp Kumar Joshi. He mentioned that although Russian ships and cargoes are not primary targets of the attacks, the rerouting of ships around the Cape of Good Hope has led to longer voyages, causing a shortage of ships and an increase in freight charges. ....

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No disruption in oil flows to India, says HPCL head

India Business News: During a post-third quarter earnings call with investors, HPCL chairman assured that there are no supply disruptions despite the ongoing Red Sea crisi ....

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