{
  "id": 178045,
  "title": "Hormuz Bottleneck Pushes Indian Refiners Toward West African Grades",
  "url": "https://urgent.news/2026/08/05/hormuz-bottleneck-pushes-indian-refiners-toward-west-african-grades",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-05T14:30:00.000Z",
  "source": {
    "name": "OilPrice",
    "slug": "oilprice",
    "url": "https://oilprice.com/Latest-Energy-News/World-News/Hormuz-Bottleneck-Pushes-Indian-Refiners-Toward-West-African-Grades.html"
  },
  "original_language": "en",
  "account": "Several Indian refiners have recently purchased crude from Oman and West Africa due to Middle Eastern shipping constraints at the Strait of Hormuz and Bab el-Mandeb. Mangalore Refinery and Petrochemicals Limited bought around 1 million barrels of Oman crude at a $3-per-barrel premium from Mitsui & Co Energy Trading Singapore. Meanwhile, Indian Oil Corporation and Hindustan Petroleum Corporation Limited have acquired significant amounts of West African crude, including Nemba, Saxi Batuque, Clov grades from Angola, and Congo’s Djeno crude. HPCL also secured 2 million barrels of Nigerian crudes from Glencore. As India seeks to offset its lost Middle Eastern supply, refiners are exploring sources further away, including Angola in Africa and Venezuela in South America, in order to bypass the chokepoints in the Middle East.",
  "summary": "Several Indian refiners have recently bought crude from Oman and West Africa via tenders, trade sources told Reuters on Wednesday, as term supplies from the Middle East remain choked by the shipping constraints at the Strait of Hormuz and Bab el-Mandeb. State-controlled Mangalore Refinery and Petrochemicals Limited (MRPL) has acquired about 1 million barrels of crude oil from Oman via a tender,…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Hindu BusinessLine",
        "title": "Indian refiners buy West Asian and West African crude, sources say",
        "url": "https://urgent.news/2026/08/05/indian-refiners-buy-west-asian-and-west-african-crude-sources-say",
        "published": "2026-08-05T12:42:12.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}