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Middle East conflict raises oil costs for Indian refiners

Indian refiners are reportedly being forced to buy oil at a premium as discounts on Russian crude disappear amid the Middle East conflict.

By DoomRadar · Published on DoomRadar .

Why it matters

Higher crude costs could increase pressure on India’s refining sector and fuel prices while adding to wider energy-market disruption.

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  1. Price of Middle East conflict: Indian refiners forced to buy oil at premium; Russian discounts vanish ↗timesofindia.indiatimes.com · Recorded source date: Aug 19, 2026, 6:31 AM UTC

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