Indian refiners cut spot tenders as Russian oil shipments rebound, sources say

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1. It seems that Indian refiners are recalibrating their approach to spot tenders in light of the resurgence of Russian oil shipments. This shift could be a response to market dynamics and the availability of alternative supply sources. As global oil markets fluctuate, it’s not uncommon for refiners to adjust their procurement strategies to secure favorable pricing and meet demand. It will be interesting to see how this impacts the overall supply chain and pricing in the region. What do you think about the implications of this development on energy security and pricing for consumers?

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