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Commodities

Indian Refinery Output Rises Amid Decreased Imports and Regional Tensions

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Oil
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India's crude oil processing at refineries rose by 1% in June compared to May, reaching 5.44 million barrels daily.

This volume is equivalent to 22.26 million metric tons of crude and matches the figure from June 2025.

The Indian Oil Corp scrapped its plan to lift Iraqi crude from the Basrah Oil Terminal due to increased danger for vessels transiting the Strait of Hormuz.

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