Macro Finance
India Oil Refiners Shift Tactics, Hire Ships to Cross Hormuz
Bloomberg Markets·October 1, 2026·1 min read
Indian oil refiners are hiring tankers to sail through the Strait of Hormuz to pick up crude from within the Persian Gulf, a tactical shift to cut costs and secure supply chains amid regional tensions. The move reflects growing concerns over shipping routes and aims to ensure steady crude deliveries while managing expenses.
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