DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!India Shifts Oil Sourcing, Seeks Angola Partnership
India Shifts Oil Sourcing, Seeks Angola Partnership

India Shifts Oil Sourcing, Seeks Angola Partnership

Update: 2025-11-10
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Indian oil refiners shift sourcing strategy, purchasing crude from US, Iraq, and UAE, as sanctions on Russian companies prompt search for new supplies. Unusual activity involving oil tankers reported, with one tanker transferring cargo off Indian coast. Indias president seeks long-term partnerships with Angolan energy entities, emphasizing Angolas role in Indias energy security and Indian companies interest in investing in energy commodities and critical minerals.

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India Shifts Oil Sourcing, Seeks Angola Partnership

India Shifts Oil Sourcing, Seeks Angola Partnership