Price of Middle East conflict: Indian refiners forced to buy oil at premium; Russian discounts vanish

Brent futures have risen by around $10 a barrel over the past two weeks, moving above…

Donald Trump: ‘Oil now flowing’: Donald Trump says US can ‘soon’ reimpose Russian crude sanctions after Hormuz reopening

US President Donald Trump on Tuesday said Washington would soon be in a position to reimpose…

Strait of Hormuz blockade persists, but India’s imports of Russian oil are down from highs seen in March – here’s why

Nearly all Indian refiners, except Numaligarh Refinery, are now importing Russian crude. (AI image) India’s imports…

US will not extend temporary sanctions waiver on sale of Russian and Iranian oil

The United States will not extend a temporary waiver that allowed the sale of Russian oil…