Two Indian state-run refiners have suspended crude oil loadings from Iraq due to escalating security risks in the Strait of Hormuz. Indian Oil Corp. notably abandoned plans to load the supertanker Lila Jamnagar, capable of carrying up to 2 million barrels of oil. This decision was made after recent incidents where several freighters were struck by projectiles in the vital waterway.

The refiners deemed it too dangerous for a fully laden tanker to navigate the Strait of Hormuz, prioritizing the safety of vessels amidst the heightened tensions. The move reflects growing concerns over maritime security in the region, impacting major oil supply routes.