{"edition":{"schemaVersion":1,"id":"2026-09-12-r3","date":"2026-09-12","createdAt":"2026-09-12T08:38:57.254Z","title":"Crude costs climb. The effects arrive unevenly.","summary":"A sharper crude benchmark, persistent supply constraints, and a gas-price change whose scope matters for India. Explore their different paths through prices, pipelines and import routes.","previousEditionId":"2026-09-12-r2","research":{"method":"codex","completedAt":"2026-09-12T08:35:46.756Z","reviewedAt":"2026-09-12T08:37:08.000Z"},"stories":[{"id":"crude-and-the-pump","topic":"Crude & currency","change":"updated","headline":"Brent reaches $120.98. Delhi IOC pump quotes hold.","whatChanged":"EIA’s daily page reports a $120.98 wholesale Brent spot close for 10 September, up 10.5% in its daily-change column. With the matching ECB currency observation, that is a ₹72.63-per-litre crude benchmark. PPAC’s Delhi IOC petrol and diesel quotes were unchanged between 9 and 10 September.","whyItMatters":"The spot input is rising while these retail quotes hold. The ₹72.63 figure is an indicative crude equivalent before processing and taxes; it does not measure a refiner’s margin or predict a pump-price increase. This newer EIA/Refinitiv quote has its own source snapshot, separate from the historical series used in the earlier revision.","watchNext":"Check subsequent dated spot and currency observations and PPAC’s retail table. Confirm equivalent price-series definitions before calculating a return across different feeds.","claimIds":["market-prices","market-calculation","pump-endpoints","market-implication","panipat-connection","panipat-cost-exposure","delhi-price-exposure"],"links":[{"label":"Follow the crude-to-pump journey","href":"/v2?on=2026-09-10#change"},{"label":"Test a different crude price","href":"/v2?on=2026-09-10#scenario"}],"keyMetric":{"label":"Brent-based crude benchmark","value":72.63,"unit":"₹/L","period":"10 Sep 2026 · EIA/Refinitiv + ECB"},"impacts":[{"id":"delhi-retail","title":"Track retail quotes separately","target":{"kind":"market","id":"delhi-ioc","observationDate":"2026-09-10"},"factClaimIds":["pump-endpoints"],"analysisClaimIds":["delhi-price-exposure"]},{"id":"panipat-cost","title":"Watch the cost of coastal crude supply","target":{"kind":"refinery","id":"panipat"},"factClaimIds":["panipat-connection"],"analysisClaimIds":["panipat-cost-exposure"]}]},{"id":"supply-outlook","topic":"Supply & shipping","change":"updated","headline":"The supply constraint remains in the outlook.","whatChanged":"EIA’s September outlook estimates Middle East crude shut-ins at 6.7 million barrels a day in August, up from 5.0 million in July. It raises its second-half Brent forecast by $8 to about $90 a barrel.","whyItMatters":"Continued constraints would leave Indian importers exposed to procurement and shipping pressure. These are estimates and a conditional forecast, with inputs fixed on 3 September; they cannot establish today’s traffic or any particular refinery’s cargo position.","watchNext":"Look for updated production and shipping evidence before treating the forecast as the current physical situation.","claimIds":["supply-estimates","supply-implication","iraq-route-connection","iraq-route-exposure","mppl-connection","mppl-delivery-exposure"],"links":[{"label":"Understand the Hormuz route","href":"/hormuz"},{"label":"Explore Indian refineries","href":"/infra?asset=refinery:panipat"},{"label":"Follow import geography","href":"/global"}],"keyMetric":{"label":"Estimated crude production shut-ins","value":6.7,"unit":"million b/d","previousValue":5,"period":"Jul → Aug 2026"},"impacts":[{"id":"iraq-hormuz","title":"Follow the southern sea route","target":{"kind":"route","id":"iraq-crude"},"factClaimIds":["iraq-route-connection"],"analysisClaimIds":["iraq-route-exposure"]},{"id":"mppl-delivery","title":"Separate coastal intake from inland delivery","target":{"kind":"pipeline","id":"mundra-panipat-pipeline"},"factClaimIds":["mppl-connection"],"analysisClaimIds":["mppl-delivery-exposure"]}]},{"id":"gas-price-scope","topic":"Domestic gas","change":"updated","headline":"September’s $9 gas rate is not a universal selling price.","whatChanged":"PPAC’s rate for 1–30 September is $9.00 per MMBTU on a gross-calorific-value basis, up from $7.86 in August. The same notices keep the APM ceiling for ONGC/OIL nomination fields at $7.00.","whyItMatters":"The notified rate rose 14.5%; the named APM cap did not. The impact depends on the field and supply contract. These figures alone cannot establish the change in a customer’s CNG, PNG or LNG price.","watchNext":"Check the next monthly PPAC notice and the applicable supplier’s tariff. Keep nomination-field APM gas separate from other gas-pricing regimes.","claimIds":["gas-notices","gas-implication","qatar-dahej-connection","qatar-dahej-price-exposure"],"links":[{"label":"How India prices natural gas","href":"/explainers/gas-pricing"},{"label":"Explore the gas system","href":"/gas"},{"label":"Find companies and assets","href":"/infra"}],"keyMetric":{"label":"ONGC/OIL nomination-field APM cap","value":7,"unit":"$/MMBTU","previousValue":7,"period":"Aug → Sep 2026 · GCV"},"impacts":[{"id":"apm-cap","title":"The named cap remains unchanged","target":{"kind":"market","id":"domestic-apm"},"factClaimIds":["gas-notices"],"analysisClaimIds":["gas-implication"]},{"id":"qatar-dahej","title":"Imported LNG has its own price chain","target":{"kind":"route","id":"qatar-lng"},"factClaimIds":["qatar-dahej-connection"],"analysisClaimIds":["qatar-dahej-price-exposure"]}]}],"claims":[{"id":"market-prices","text":"EIA’s page dated 11 September reports the 10 September wholesale Brent close at $120.98/bbl and a 10.5% daily increase. EIA identifies Refinitiv as the source.","kind":"fact","evidenceIds":["eia-spot-20260910"],"factRefs":[{"evidenceId":"eia-spot-20260910","factId":"price"},{"evidenceId":"eia-spot-20260910","factId":"change"}]},{"id":"market-calculation","text":"ECB INR/EUR 110.8645 ÷ USD/EUR 1.1616 = INR/USD 95.4412 rounded to four decimals. Multiplying $120.98/bbl by this cross-rate and dividing by 158.987294928 L/bbl gives ₹72.6252/L, displayed ₹72.63/L. This is an indicative crude equivalent, not the Indian crude basket or a pump-price prediction.","kind":"analysis","evidenceIds":["eia-spot-20260910","ecb-fx-20260910"],"factRefs":[{"evidenceId":"eia-spot-20260910","factId":"price"},{"evidenceId":"ecb-fx-20260910","factId":"usd"},{"evidenceId":"ecb-fx-20260910","factId":"inr"}]},{"id":"pump-endpoints","text":"PPAC’s table lists Delhi IOC petrol at ₹102.12/L and diesel at ₹95.20/L on both 9 and 10 September.","kind":"fact","evidenceIds":["ppac-ioc-20260910"],"factRefs":[{"evidenceId":"ppac-ioc-20260910","factId":"petrol"},{"evidenceId":"ppac-ioc-20260910","factId":"diesel"}]},{"id":"market-implication","text":"The daily spot quote increases while these retail endpoints are unchanged. This does not establish refinery margins, transmission timing or a future retail decision. The EIA/Refinitiv daily snapshot and the historical FRED/EIA series have different publication schedules; a continuous-methodology comparison is not assumed. Follow subsequent observations and confirm their definitions.","kind":"analysis","evidenceIds":["eia-spot-20260910","ppac-ioc-20260910"],"factRefs":[{"evidenceId":"eia-spot-20260910","factId":"price"},{"evidenceId":"eia-spot-20260910","factId":"change"},{"evidenceId":"ppac-ioc-20260910","factId":"petrol"},{"evidenceId":"ppac-ioc-20260910","factId":"diesel"}]},{"id":"supply-estimates","text":"EIA estimates Middle East crude shut-ins at 6.7 million b/d in August, versus 5.0 million in July. Its September outlook forecasts roughly $90/bbl Brent for 2026 H2, $8 above the prior forecast. Inputs were finalised on 3 September.","kind":"fact","evidenceIds":["eia-steo-20260909"],"factRefs":[{"evidenceId":"eia-steo-20260909","factId":"aug-shutins"},{"evidenceId":"eia-steo-20260909","factId":"jul-shutins"},{"evidenceId":"eia-steo-20260909","factId":"brent-forecast"},{"evidenceId":"eia-steo-20260909","factId":"forecast-revision"},{"evidenceId":"eia-steo-20260909","factId":"cutoff"}]},{"id":"supply-implication","text":"Persisting supply restrictions would keep procurement and shipping exposure relevant for Indian importers. This forecast does not establish today’s shipping conditions or disruptions at an individual refinery. Updated official shipping and production reports can change the reading.","kind":"analysis","evidenceIds":["eia-steo-20260909"],"factRefs":[{"evidenceId":"eia-steo-20260909","factId":"aug-shutins"},{"evidenceId":"eia-steo-20260909","factId":"brent-forecast"},{"evidenceId":"eia-steo-20260909","factId":"cutoff"}]},{"id":"gas-notices","text":"PPAC’s September domestic-gas rate is $9.00/MMBTU GCV, versus $7.86 in August. Both notices specify a $7.00 ceiling for ONGC/OIL nomination-field APM gas. The September rate applies from 1 to 30 September.","kind":"fact","evidenceIds":["ppac-gas-202609","ppac-gas-202608"],"factRefs":[{"evidenceId":"ppac-gas-202609","factId":"price"},{"evidenceId":"ppac-gas-202609","factId":"cap"},{"evidenceId":"ppac-gas-202608","factId":"price"},{"evidenceId":"ppac-gas-202608","factId":"cap"}]},{"id":"gas-implication","text":"The monthly notified domestic-gas rate rises by $1.14/MMBTU, or 14.5%, but the named APM ceiling is unchanged. Customer or company effects depend on the applicable field and gas contract; these notices alone do not establish a matching CNG, PNG or LNG price rise. Check the next monthly notice and supplier tariff disclosures separately.","kind":"analysis","evidenceIds":["ppac-gas-202609","ppac-gas-202608"],"factRefs":[{"evidenceId":"ppac-gas-202609","factId":"price"},{"evidenceId":"ppac-gas-202609","factId":"cap"},{"evidenceId":"ppac-gas-202608","factId":"price"},{"evidenceId":"ppac-gas-202608","factId":"cap"}]},{"id":"panipat-connection","text":"IndianOil’s Mundra–Panipat pipeline takes coastal crude to the inland Panipat refinery, using offshore mooring facilities at Mundra. The operator’s description does not identify today’s cargoes.","kind":"fact","evidenceIds":["ioc-mppl-context-20260912"],"factRefs":[{"evidenceId":"ioc-mppl-context-20260912","factId":"connection"}]},{"id":"panipat-cost-exposure","text":"Panipat’s inland location does not remove its exposure to seaborne crude procurement. The rising Brent reference makes the cost of replacement crude worth watching, while the refinery’s actual bill depends on its purchased grades, contracts, freight and inventory timing.","kind":"analysis","evidenceIds":["ioc-mppl-context-20260912","eia-spot-20260910"],"factRefs":[{"evidenceId":"ioc-mppl-context-20260912","factId":"connection"},{"evidenceId":"eia-spot-20260910","factId":"price"}]},{"id":"delhi-price-exposure","text":"The 9–10 September Delhi IOC quotes provide a separate retail check against the rising spot input. An unchanged pump quote and a higher crude reference do not establish a refiner’s margin or a future price decision.","kind":"analysis","evidenceIds":["ppac-ioc-20260910","eia-spot-20260910"],"factRefs":[{"evidenceId":"ppac-ioc-20260910","factId":"petrol"},{"evidenceId":"ppac-ioc-20260910","factId":"diesel"},{"evidenceId":"eia-spot-20260910","factId":"change"}]},{"id":"iraq-route-connection","text":"EIA records southern Persian Gulf terminals as the origin of Iraq’s seaborne exports in 2024, with India among the main buyers. Hormuz connects that Gulf to the open sea. These sources establish route context, not present cargo movements.","kind":"fact","evidenceIds":["eia-iraq-context-20250714","eia-hormuz-geography-20250616"],"factRefs":[{"evidenceId":"eia-iraq-context-20250714","factId":"southern-route"},{"evidenceId":"eia-hormuz-geography-20250616","factId":"geography"}]},{"id":"iraq-route-exposure","text":"A restriction on this southern sea route can make replacement cargoes and shipping arrangements more important for Indian buyers. EIA’s September regional supply estimates justify watching that dependence; they do not establish a delay to a named Iraqi shipment.","kind":"analysis","evidenceIds":["eia-iraq-context-20250714","eia-hormuz-geography-20250616","eia-steo-20260909"],"factRefs":[{"evidenceId":"eia-iraq-context-20250714","factId":"southern-route"},{"evidenceId":"eia-hormuz-geography-20250616","factId":"geography"},{"evidenceId":"eia-steo-20260909","factId":"aug-shutins"}]},{"id":"mppl-connection","text":"IndianOil lists Mundra–Panipat as the pipeline connecting its coastal crude intake at Mundra to Panipat. Offshore mooring, coastal storage and inland delivery are separate parts of this documented chain.","kind":"fact","evidenceIds":["ioc-mppl-context-20260912"],"factRefs":[{"evidenceId":"ioc-mppl-context-20260912","factId":"connection"}]},{"id":"mppl-delivery-exposure","text":"An inland pipeline cannot by itself replace crude that has not reached the coast. Assess an import disruption against available stocks and alternative supply before inferring a Panipat outage. The present sources contain no such stock or outage evidence.","kind":"analysis","evidenceIds":["ioc-mppl-context-20260912","eia-steo-20260909"],"factRefs":[{"evidenceId":"ioc-mppl-context-20260912","factId":"connection"},{"evidenceId":"eia-steo-20260909","factId":"aug-shutins"}]},{"id":"qatar-dahej-connection","text":"Petronet’s 2024–25 report describes LNG imports from Ras Laffan to Dahej under its long-term Qatar arrangement. EIA identifies Qatar as the main source of LNG passing through Hormuz in 2024. This is an established supply connection, not a current arrival report.","kind":"fact","evidenceIds":["petronet-qatar-dahej-fy2025","eia-hormuz-lng-context-20250624"],"factRefs":[{"evidenceId":"petronet-qatar-dahej-fy2025","factId":"qatar-dahej"},{"evidenceId":"eia-hormuz-lng-context-20250624","factId":"qatar-route"}]},{"id":"qatar-dahej-price-exposure","text":"Dahej’s imported LNG belongs to a different supply and contract chain from ONGC/OIL nomination-field APM gas. The September $9 notified domestic rate and $7 APM ceiling cannot price a Qatar cargo or quantify its delivered cost. Check the applicable LNG contract and regasification charges separately.","kind":"analysis","evidenceIds":["petronet-qatar-dahej-fy2025","ppac-gas-202609"],"factRefs":[{"evidenceId":"petronet-qatar-dahej-fy2025","factId":"qatar-dahej"},{"evidenceId":"petronet-qatar-dahej-fy2025","factId":"regasification"},{"evidenceId":"ppac-gas-202609","factId":"price"},{"evidenceId":"ppac-gas-202609","factId":"cap"}]}],"updateNote":"Context expanded: follow the links from crude and gas prices into Panipat, the Mundra–Panipat pipeline, Iraq’s southern sea route and Qatar LNG at Dahej. The market observations and PPAC rates are unchanged from the previous revision; the added infrastructure and trade evidence keeps its original dates."},"evidence":[{"id":"eia-spot-20260910","publisher":"U.S. EIA (Refinitiv)","title":"Wholesale Brent spot close · 10 September","url":"https://www.eia.gov/todayinenergy/prices.php","publishedAt":"2026-09-11","retrievedAt":"2026-09-12T07:38:16.744Z","observedAt":"2026-09-10","content":"","facts":[{"id":"price","text":"Wholesale spot Brent at the 10 September close, in the petroleum table. EIA republishes the Refinitiv quote.","value":120.98,"unit":"USD/bbl","period":"2026-09-10"},{"id":"change","text":"Daily percentage change displayed by EIA for this wholesale Brent quote.","value":10.5,"unit":"percent","period":"2026-09-10 versus previous business day"}],"sha256":"ee85054d57175310dbb80fed0ee788b14812e2e786d570edfc884aa9214c8814"},{"id":"ecb-fx-20260910","publisher":"European Central Bank","title":"Euro reference rates · 10 September","url":"https://www.ecb.europa.eu/stats/eurofxref/eurofxref-hist-90d.xml","publishedAt":null,"retrievedAt":"2026-09-12T07:38:16.744Z","observedAt":"2026-09-10","content":"","facts":[{"id":"usd","text":"US dollars per euro on 10 September.","value":1.1616,"unit":"USD/EUR","period":"2026-09-10"},{"id":"inr","text":"Indian rupees per euro on 10 September.","value":110.8645,"unit":"INR/EUR","period":"2026-09-10"}],"sha256":"7823dcb094dd562ce84b5777b46ceada7573c040c6b349e7aa7dc4d74d2031a3"},{"id":"ppac-ioc-20260910","publisher":"PPAC","title":"Delhi IOC retail prices · 9–10 September","url":"https://ppac.gov.in/uploads/page-images/1789018571_PP_9_a_DailyPriceMSHSD_Metro_10.09.2026.pdf","publishedAt":"2026-09-10","retrievedAt":"2026-09-12T07:38:16.744Z","observedAt":"2026-09-10","content":"","facts":[{"id":"petrol","text":"Delhi IOC petrol RSP at both 9 and 10 September endpoints; page 1.","value":102.12,"unit":"INR/litre","period":"2026-09-09 and 2026-09-10"},{"id":"diesel","text":"Delhi IOC diesel RSP at both 9 and 10 September endpoints; page 1.","value":95.2,"unit":"INR/litre","period":"2026-09-09 and 2026-09-10"}],"sha256":"87b7dc738bc232ee3005e38212048dd2549865ed52aba2b779f8a8d1008bf749"},{"id":"eia-steo-20260909","publisher":"U.S. EIA","title":"September 2026 Short-Term Energy Outlook","url":"https://www.eia.gov/outlooks/steo/archives/sep26.pdf","publishedAt":"2026-09-09","retrievedAt":"2026-09-12T07:28:12.891Z","observedAt":"2026-08","content":"crude oil production shut-ins averaged 6.7 million barrels per day","facts":[{"id":"cutoff","text":"Forecast inputs were finalised on 3 September; subsequent events are outside this forecast (page 3).","period":"2026-09-03"},{"id":"aug-shutins","text":"Estimated Middle East crude production shut-ins, rounded in page 4 prose.","value":6.7,"unit":"million b/d","period":"2026-08"},{"id":"jul-shutins","text":"July estimate, rounded in page 4 prose.","value":5,"unit":"million b/d","period":"2026-07"},{"id":"brent-forecast","text":"Forecast Brent average for the second half of 2026, page 5. This is a projection.","value":90,"unit":"USD/bbl","period":"2026 H2"},{"id":"forecast-revision","text":"Increase in that forecast from the previous month, page 5.","value":8,"unit":"USD/bbl","period":"September versus August forecast"}],"sha256":"476e255a446aa557b1075788895cf0875fd9feb1c62331b037da53105334dec6"},{"id":"ppac-gas-202609","publisher":"PPAC","title":"Domestic natural gas price · September 2026","url":"https://ppac.gov.in/download.php?file=gasprice%2F1788176488_Domestic_Natural_Gas_price_for_Sep-2026.pdf","publishedAt":"2026-08-31","retrievedAt":"2026-09-12T07:28:12.891Z","observedAt":"2026-09","content":"","facts":[{"id":"price","text":"Domestic natural gas price for 1–30 September; gross calorific value basis, page 1.","value":9,"unit":"USD/MMBTU (GCV)","period":"2026-09"},{"id":"cap","text":"APM price ceiling for gas from ONGC/OIL nomination fields; page 1.","value":7,"unit":"USD/MMBTU (GCV)","period":"2026-09"}],"sha256":"8bed5bbc8ba2d5a86d776759596c748569d824ed3f86e35a18e877519a9c541a"},{"id":"ppac-gas-202608","publisher":"PPAC","title":"Domestic natural gas price · August 2026","url":"https://ppac.gov.in/download.php?file=gasprice%2F1785497764_Dom_Gas_Price_Aug_2026.pdf","publishedAt":"2026-07-31","retrievedAt":"2026-09-12T07:28:12.891Z","observedAt":"2026-08","content":"","facts":[{"id":"price","text":"Domestic natural gas price for 1–31 August; gross calorific value basis, page 1.","value":7.86,"unit":"USD/MMBTU (GCV)","period":"2026-08"},{"id":"cap","text":"APM price ceiling for gas from ONGC/OIL nomination fields; page 1.","value":7,"unit":"USD/MMBTU (GCV)","period":"2026-08"}],"sha256":"6e15e98b8f30da45015d213f0f0eb711552735d67b810d2899031482ee91399e"},{"id":"ioc-mppl-context-20260912","publisher":"IndianOil","title":"Crude oil pipelines: Mundra–Panipat","url":"https://www.iocl.com/crude-oil-pipelines","publishedAt":null,"retrievedAt":"2026-09-12T08:35:46.756Z","observedAt":null,"content":"","facts":[{"id":"connection","text":"IndianOil describes a crude-oil pipeline from Mundra on the Gujarat coast to its Panipat refinery in Haryana. It uses the Gujarat Adani Port offshore single-point mooring and associated pipelines. The page does not specify a current cargo origin or throughput.","period":"Undated operating description, retrieved 12 September 2026"},{"id":"length","text":"MPPL is listed as 1,194 km long.","value":1194,"unit":"km","period":"Undated operating description"}],"sha256":"84eb96c55ca312d6c9c451f5930f3fa3a569ad92a92be92e2b2d7a50c160de8e"},{"id":"eia-iraq-context-20250714","publisher":"U.S. EIA","title":"Iraq country analysis: 2024 export routes","url":"https://www.eia.gov/international/content/analysis/countries_long/Iraq/Iraq_2025.pdf","publishedAt":"2025-07-14","retrievedAt":"2026-09-12T08:35:46.756Z","observedAt":null,"content":"","facts":[{"id":"southern-route","text":"The report records Iraq’s 2024 seaborne exports as leaving southern terminals in the Persian Gulf. India was among the main buyers of Iraqi crude. This is historical trade context, not a 2026 cargo observation. Printed page 14, PDF page 16.","period":"2024"}],"sha256":"c02aea601daf68df8c64c7cf86fe023a6690c6f4b485e0faed81650c83bc8988"},{"id":"eia-hormuz-geography-20250616","publisher":"U.S. EIA","title":"Hormuz: the Persian Gulf sea passage","url":"https://www.eia.gov/todayinenergy/detail.php?id=65504","publishedAt":"2025-06-16","retrievedAt":"2026-09-12T08:35:46.756Z","observedAt":null,"content":"","facts":[{"id":"geography","text":"The Strait of Hormuz connects the Persian Gulf with the Gulf of Oman and Arabian Sea. EIA describes it as a chokepoint for oil exports from the Gulf.","period":"Geographic context, published 16 June 2025"}],"sha256":"174bff00f5b160ad1dfbdc402b413540175e4ad03b5e6fdb0885cbf7cb7002b3"},{"id":"petronet-qatar-dahej-fy2025","publisher":"Petronet LNG","title":"Annual report 2024–25: LNG sourcing and shipping","url":"https://www.petronetlng.in/documents/d/pertonetlng/petronet-ar-202501-09-2025-1-pdf","publishedAt":null,"retrievedAt":"2026-09-12T08:35:46.756Z","observedAt":"2025-03-31","content":"","facts":[{"id":"qatar-dahej","text":"Petronet’s 2024–25 annual report describes LNG supplied from Ras Laffan, Qatar, to Dahej under its long-term Qatar arrangement, with imports starting in 2004. PDF pages 48–49. This is the reported supply arrangement, not evidence of a current arrival.","period":"Financial year 2024–25"},{"id":"regasification","text":"The report describes Petronet’s core business as importing LNG at its Dahej and Kochi regasification terminals.","period":"Financial year 2024–25"}],"sha256":"77f1fd278545376943c7ea00e8596ca22e49075253db09b7c601f8bb5744f716"},{"id":"eia-hormuz-lng-context-20250624","publisher":"U.S. EIA","title":"LNG through Hormuz: Qatar and Asian destinations","url":"https://www.eia.gov/TODAYINENERGY/detail.php?id=65584","publishedAt":"2025-06-24","retrievedAt":"2026-09-12T08:35:46.756Z","observedAt":null,"content":"","facts":[{"id":"qatar-route","text":"EIA’s 2024 analysis identifies Qatar as the principal source of LNG moving through Hormuz, with India among the leading destinations. It does not identify a current Dahej cargo.","period":"2024"}],"sha256":"2095c036cac3e8dc8e896ecdb8b218d5c19246ddd5cbfb0290cc3571e5de8061"}]}