Can Indian refiners do without Russian oil? ‘Major economic and strategic trade-offs involved…’
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Kpler reports Indian refiners possess the technical capacity to operate without Russian crude, but this shift would entail significant economic and strategic disadvantages. Replacing Russian oil, which constitutes a substantial portion of India's refinery intake, would elevate feedstock costs and freight charges. This transition would also misalign product yields, making it a commercially challenging endeavor. What's Your Reaction?
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