India's IOC buys 7 million barrels US, Mideast crude after Russian oil pause

SINGAPORE/NEW DELHI (Reuters) -Indian Oil Corp (IOC), the country's top refiner, has bought 7 million barrels of September-arrival crude from the United States, Canada and the Middle East via a tender, several trade sources said on Monday. IOC's large spot crude purchase comes after the arbitrage window for U.S. crude to Asia opened and as Indian state refiners paused buying of Russian crude oil