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IOC to buy crude, LPG ships as West Asia crisis exposes shipping risks

viaeconomictimes.indiatimes.com1h ago
IOC to buy crude, LPG ships as West Asia crisis exposes shipping risks
Indian Oil Corporation aims to enhance control over its energy supply chain by acquiring crude oil carriers and LPG vessels. The company is also exploring domestic shipbuilding initiatives under the Make in India program. Amid increasing freight rates and tensions in West Asia, IOC has adjusted its…

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