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Russian Crude Prices Surge as India Boosts Procurement Amid US-Iran Tensions
Russian crude prices are fluctuating as India increases its oil procurement amidst the US-Iran conflict. The closure of the Strait of Hormuz has stranded tankers, prompting refiners to seek alternative supplies urgently. This shift highlights the impact of geopolitical tensions on global oil markets and India's strategic role in securing energy resources.
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File ID: #285669Original Source: Times Of India β
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