Hormuz LNG traffic hits 8-month high as Qatar loads despite force majeure
Published 3 h ago3 sourcesEvidence: Reported
Indian Oil Corp (IOC) is purchasing crude and LPG vessels to mitigate shipping risks from West Asia tensions, with board approval and tenders already issued. This marks a strategic shift toward owning strategic shipping capacity, reflecting heightened supply-chain vulnerability. The move underscores growing energy security concerns in the region.
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