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Indian Refiners Halt Iraq Oil Loadings as Hormuz Risks Escalate

Bloomberg Markets·July 21, 2026·1 min read

Two Indian state-run refiners have suspended crude oil loadings from Iraq due to mounting security risks in the Strait of Hormuz, according to people familiar with the matter. The escalating risks make it increasingly difficult to ensure vessel safety. The move could impact global oil supply chains and energy prices.

Read at Bloomberg Markets
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