Reduce China’s ability to stockpile discounted oil: Trump admin extends sanctions waiver on Russian crude - what it means for India
Earlier today petroleum ministry joint secretary Sujata Sharma said that India will continue importing Russian crude based on commercial practicality and its energy security requirements, regardless ...
Crude Oil Prices
US Waiver Extension Keeps India’s Russian Crude Lifeline Open
The extension of the US waiver on Russian crude lands at a critical moment for India, just as Russian barrels have grown to around 40% of its 4.5 million b/d crude import slate. Unlike China, ...
Trump signals swift return of sanctions on Russian oil as G7 refocuses on Ukraine
The United States could soon reimpose sanctions on Russian oil shipments after President Donald Trump and fellow leaders at ...
E&E
Treasury extends Russian oil sanctions waiver for another month
A second extension of the waiver indicates that oil market pressures from the closure of the Strait of Hormuz have not eased. The Trump administration will extend for another month a waiver ...
Crude Oil Prices
Oil Holds Near $110 After Trump Delays Iran Strike
Oil prices steadied near $110 as Trump delayed planned action against Iran and Washington extended waivers for buyers of Russian crude. - Record US SPR volumes are pushing out record volumes ...
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Oil prices drop as Trump waffles on timeline for an Iran deal
Oil prices slipped but still settled above $110 a barrel Tuesday after President Donald Trump told reporters that Iran had as long as early next week to “come to the table.” When asked the ...