Refineries in Mumbai as Indian Refiners Eye Russian Oil Again Amid Iran Crisis
A Bharat Petroleum Corp. oil refinery in Mumbai, India, on Tuesday, March 3, 2026. Oil extended gains as fresh attacks flared in the Middle East and traders weighed a US plan to insure and escort tankers passing through the Strait of Hormuz, with traffic in the vital waterway all but halted. Photographer: Abeer Khan/Bloomberg via Getty Images
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