refiners in India: India seeks more Middle East crude as Red Sea attacks delay cargoes
India's refiners are focusing on increasing supplies from the Middle East and other countries due to recent attacks on ships in the Red Sea, which have raised the risk of longer shipping times and higher costs. Shippers have turned cautious about entering the Red Sea due to multiple attacks by Yemen's Iran-backed Houthi rebels, causing massive diversions and increased costs.
Source: indiatimes.com
