CommoditiesMedium•1 October 2026•
1 min read
Indian Refiners Seek Tankers for Hormuz Routes Despite Security Risks
Key Facts
1Indian refining companies are seeking tankers to transport oil through the Strait of Hormuz despite heightened attack risks.
2Two shipping companies won tenders for Persian Gulf oil while two other tenders were canceled.
Indian refining companies are seeking tankers to transport oil through the Strait of Hormuz despite heightened attack risks in the region. Bloomberg reported that the move aims to secure crude supplies from the Persian Gulf, with OilPrice noting that two shipping companies recently won tenders for transport while two other tenders were canceled.
The strategic shift follows attacks on three tankers in the Strait of Hormuz this week, marking a change for Indian refiners who previously avoided using Indian vessels in the area due to security concerns. Regarding India's broader industrial context, data from September 28, 2026, showed that industrial production grew by 8% year-on-year, exceeding the forecast of 6.5%.