Strait of Hormuz disruptions: Two state-run refiners cancel plans to lift Iraqi oil amid renewed US-Iran tensions

Strait of Hormuz disruptions: Two Indian state-run refiners have cancelled plans to pick up Iraqi crude oil shipments in view of the ongoing disruptions and risks in transiting through the Strait of Hormuz in the Middle East. Renewed attacks and tensions between the US and Iran have once again de facto closed the Strait of Hormuz.

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