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Indian Refiners Face Oil Price Surge Amid Middle East Conflict
Indian refiners are now forced to buy oil at premium prices due to the Middle East war. The recent temporary truce increased crude availability, but discounts on Russian oil have vanished, and Venezuelan prices have also risen. This shift impacts global oil markets and India's energy strategy significantly.
⚖️ AI Verdict
"When oil prices rise, everyone feels the pinch—except maybe the oil barons."
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File ID: #356814Original Source: Times Of India ↗
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