Back to all news
Macro Finance

India Shuns Costly Russian Crude as Middle East Flows Recover

Bloomberg Markets·October 8, 2026·1 min read

Indian refiners have cut back Russian crude purchases for November delivery as rising competition from China pushes up prices, while buyers can tap alternative shipments from the Middle East. The shift reflects a rebalancing of global oil flows amid changing demand dynamics.

Read at Bloomberg Markets
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store