Gulf supply rebound widens crude discounts, offers India buying relief
- Posted on June 30, 2026
- By Financial Express
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- 1 min read
Gulf supply rebound widens crude discounts, offers India buying relief
The return of 160 million barrels of stranded oil in the Persian Gulf is easing crude supply tightness, widening discounts, and creating a favorable market environment for Indian refiners amid ongoing geopolitical risks.
