India to Buy Up Middle Eastern Oil for Strategic Reserves
Barrels of refined oil and lubricant additives sit on shelves in the storage yard (Photographer: Chris Ratcliffe/Bloomberg)

India to Buy Up Middle Eastern Oil for Strategic Reserves

(Bloomberg) -- India, the world’s third biggest oil consumer, is set to snap up millions of barrels of Middle East crude for its strategic reserves, signaling its support for global efforts to resc...
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