India asks refiners to diversify, cut reliance on Middle East oil after OPEC+ decision
11.03.2021
MOSCOW (MRC) -- India has asked state refiners to speed up the diversification of oil imports to gradually cut their dependence on the Middle East after OPEC+ decided last week to largely continue production cuts in April, reported Reuters with reference to two sources.India, the world's third biggest oil importer and consumer, imports about 84% of its overall crude needs with over 60% of