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India’s HPCL Struggles to Secure Oil Tankers as Hormuz Risks Persist

Source: OilPrice.com · Nov 06, 2026 11:15 UTC

The Quick Take

Hindustan Petroleum Corporation Limited (HPCL), a major Indian state-owned refiner, is struggling to hire tankers to transit the Strait of Hormuz and pick up cargoes in the Gulf, chairman Vikas Kaushal has told Bloomberg. Despite the recovery of crude oil flows from the Gulf via Hormuz to nearly pre-war levels, buyers continue to struggle with scarce vessel availability and last-minute decisions b

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Ground Level News aggregates headlines from public feeds. This page shows a short summary only; the full article and all rights belong to OilPrice.com.

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