Indian refining companies are looking for tankers for hire to carry oil out of the Persian Gulf via the Strait of Hormuz, according to a Bloomberg report citing unnamed sources. Two shipping companies have won tenders for Persian Gulf oil, the sources told Bloomberg, while another two submitted bids but their tenders were canceled.
Until now, Indian refiners steered clear of using Indian tankers to bring in crude oil from the Persian Gulf because of the heightened risk of attacks. This week just saw three tankers attacked in the Strait of Hormuz,…