Oil shipments to India have been disrupted by a resurgence of fighting in the Middle East, with at least two refiners forced to arrange more costly, alternative cargoes after planned deliveries didn’t arrive on time.
State-run Bharat Petroleum Corp. had four Persian Gulf cargoes that weren’t delivered on schedule in August, according to people familiar with the matter, who asked not be named discussing commercial matters. Separately, Indian Oil Corp. has also seen its delivery schedules getting changed, they said.
