IOC bought 7M barrels of crude for September, shifting from Russian oil to U.S., Canadian, and Middle Eastern sources.

• Purchase includes 4.5M barrels U.S., 0.5M Canadian WCS, and 2M barrels of Das crude from Abu Dhabi.
• Shift driven by shrinking Russian discounts and reopened U.S.-Asia arbitrage window, say trade sources.
• Indian refiners paused Russian buys amid EU sanctions and geopolitical pressure, especially from the U.S.