Hindustan Petroleum Faces Challenges Booking Hormuz Tankers
Hindustan Petroleum said it faces challenges booking tankers to carry crude cargoes through the Strait of Hormuz, despite more vessels making the crossing and regional crude supply rising.
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.Availability of freighters and late decisions to pull out from v…