Indian state-run refiners are continuing their trend of purchasing crude oil from West Africa, a move driven by supply disruptions and increased delivery challenges stemming from the ongoing Middle East crisis.

India's state-run refiners have raised retail prices of diesel and petrol for the third time in eight days, amid a tense US-Iran ceasefire, marking a shift from its previous policy of maintaining unchanged fuel prices for 76 days despite the Hormuz disruption.