India turning to the Americas for oil, aiming to cut reliance on Middle East
The world’s third-largest oil importer is diversifying oil imports away from the Middle East and is buying crude from North and South America, according to various reports. A first cargo of Brazil’s grade Tupi was booked by Mangalore Refinery and Petrochemicals Ltd., reported Bloomberg. State-run Hindustan Petroleum Corporation and HPCL-Mittal Energy Ltd, have also placed … Read more





