Black Sea attacks delay sunflower oil shipments by 60 days; India races for alternatives before festivals

Attacks in the Black Sea region are delaying sunflower oil shipments from Russia and Ukraine by up to 60 days.

India, the world's largest edible oil importer, is seeking alternatives from Argentina and switching to palm, soy, and canola oils.

Festival demand in India and weak local crops are compounding the pressure on edible oil supplies.