Brazil is ready to increase oil supplies to India. This comes as India seeks to diversify its crude sources due to shipping issues. Brazil's oil exports to India have already doubled. India is also considering investments in Brazil's offshore oil blocks. Brazil wants Indian investment in its refining sector in return for more crude.

Brazil is ready to increase oil supplies to India. This comes as India seeks to diversify its crude sources due to shipping issues. Brazil's oil exports to India have already…

Indian refiners have secured crude and LPG supply through at least August, boosting purchases from the UAE, West Africa, Brazil, and Venezuela amid the Middle East crisis.