Indian Foreign Ministry Spokesperson says India continues to purchase oil from diversified sources
- Trade Sec says energy and LPG imports from the US have gone up lately.
Context
India's continued diversified oil purchases, including increased imports from the US, signal a strategic effort to ensure energy security amid fluctuating global supply chains. This diversification could influence both local market dynamics and international oil prices, particularly regarding WTI, as it reflects India's maneuvering within the competitive energy landscape.
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