The US has extended its waiver on sanctioned Russian oil until June 17.

Bharat Petroleum Corp. is recalibrating its crude import strategy almost daily and ramping up spot purchases after the U.S.-Israeli conflict with Iran disrupted Middle East supplies, Chairman Sanjay K...

With global oil supplies hit due to the effective halt in vessel movements through the Strait of Hormuz, such waivers were aimed at allowing more barrels of oil to reach the international market and e...