India Snubs US Crude, Turns to Nigeria, Middle East Amid Trade Tensions
[NigerianEye - Nigeria] - 6/09/2025
India’s state-owned Indian Oil Corporation (IOC) has shifted its crude oil purchases to Nigeria and the Middle East, bypassing the United States as trade disputes with Washington intensify. According to Reuters, IOC’s latest tender saw the company procure two million barrels of Nigerian crude—split evenly between Agbami and Usan grades—from TotalEnergies, alongside one million barrels of Abu Dhabi’s Das grade from Shell. The shipments are slated to reach Indian ports between late October and early November 2025.This move marks a significant pivot from IOC’s previous tender, which included (…)
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