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Asian market can't escape addiction to Mideast crude

Countries lured by prices and proximity even though they want to diversify due to geopolitical risks

Most Asian plants were designed primarily to process Middle East crude, says an Indian refinery official.

New Delhi

EVEN in a world awash with crude, buyers in the world's biggest oil market can't seem to escape their addiction to Middle East supplies.

South Korea's imports from the Middle East climbed last year to the highest level since at least 1980, while refiners in India say they...

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