India trying to diversify sources of crude oil imports
India has been trying to diversify its sources of crude oil imports and to reduce its dependence on any particular region of the world for meeting its energy requirements, government said today.
Reuters reported that top oil exporter Saudi Arabia is selling more crude to India in July as two refiners have asked for additional cargoes, industry and company sources familiar with the plan said, in part to make up for a loss of supplies from Iran.