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Monday, February 28, 2022

IOC no longer accepts Russian, Kazakh crude on FOB basis: Report

India's top refiner Indian Oil Corp (IOC) will no longer accept cargoes of Russian crude oil and Kazakh CPC Blend cargoes on a free-on-board (FOB) basis due to insurance risk, according to a tender notice and a source familiar with the matter.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/U3A1QpH

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