India’s HPCL Says Booking Tankers for Hormuz Still Complicated

Indian oil refiner Hindustan Petroleum Corp. said it faces challenges booking tankers to transit the Strait of Hormuz to pick up cargoes, even as an increasing number of vessels make...

By Alex Longley and Shariq Khan · Bloomberg Markets

Indian oil refiner Hindustan Petroleum Corp. said it faces challenges booking tankers to transit the Strait of Hormuz to pick up cargoes, even as an increasing number of vessels make the crossing and crude supply from the region rises.