Amid the chaos of the US-Iran conflict, Bharat Petroleum Corporation of India establishes a Singapore subsidiary

```htmlGolden Ten Data, March 24 — According to informed sources, Bharat Petroleum Corporation (India's second largest state-owned oil company) will establish an office in the Eastern Eight Zone starting in April, with an initial focus on crude oil procurement business at this trading center. The sources said Bharat Petroleum Global Energy Services (Eastern Eight Zone) Private Limited will be led by Manoj Heda, who is currently Executive Director of the International Trade Department at Indian Oil Corporation Limited. The office will initially be staffed with four employees, including a Chief Financial Officer and two crude oil traders. Last month, Bharat Petroleum Corporation Chairman Sanjay Khanna stated they expect to set up a trading office in the Eastern Eight Zone to expand supply channels and reduce costs. This move comes amid unprecedented market turmoil caused by the US-led war against Iran.```