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Event Brief

Indian Refiners Increase Venezuelan Oil Imports

Indian refiners are boosting Venezuelan oil purchases amid changing US trade dynamics.
WHO: Indian Oil Corp., Hindustan Petroleum Corp.
WHAT: Jointly bought a cargo of Venezuelan crude oil.
WHEN: Feb 9, 2026 at 3:56 AM ET
WHERE: India
WHY: To adapt to US reshaping oil trade flows.
Sources (1): Bloomberg

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