Indian Oil turned to the spot market as U.S.-Iran tensions disrupted Middle East crude supply. Tracy Shuchart says April-June spot purchases hit a record, showi

BWB News TV • 2026-08-02 12:01 UTC • By Billy Odell Tucker-Robinson

Indian Oil turned to the spot market as U.S.-Iran tensions disrupted Middle East crude supply. Tracy Shuchart says April-June spot purchases hit a record, showing how fast geopolitics can reshape oil buying strategies.

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