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No disruption in oil flows to India, only freight up: HPCL head
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Red Sea crisis: No disruption in oil flows to India, only freight up: HPCL head
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The attacks on shipping vessels in the Red Sea by Houthi militants have not affected India s crude oil supply, according to Hindustan Petroleum Corporation Ltd (HPCL) Chairman Pushp Kumar Joshi. He mentioned that although Russian ships and cargoes are not primary targets of the attacks, the rerouting of ships around the Cape of Good Hope has led to longer voyages, causing a shortage of ships and an increase in freight charges.
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