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Hormuz tensions push India to cancel Iraqi oil cargoes

Shafaq News 2026/07/21 22:34

Shafaq News- Baghdad

State-owned Indian Oil Corp. on Tuesday canceled plans toload two million barrels of Iraqi crude from the Basra terminal onto the crudecarrier (VLCC) Lila Jamnagar around July 23 because of security concerns in theStrait of Hormuz.

Quoting three sources, Reuters said another state-runrefiner, Mangalore Refinery and Petrochemicals Ltd. (MRPL), also deferredloading an Iraqi oil cargo aboard the Indian-flagged tanker Desh Gaurav.

New Delhi has advised shipowners, vessel operators, andcrewing companies not to deploy Indian seafarers aboard ships transiting Hormuzfollowing the resumption of hostilities in the region.

During the first round of fighting between the US and Iran,from Feb. 28 to April 8, India slashed crude oil imports from Iraq by about 84%after disruptions in the Strait of Hormuz hit shipping.

Read full story at source (Shafaq News)