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UNSANCTIONED OIL
A tiny oil lifeline reopens through tense Hormuz after months of chokeholdMore oil tankers are navigating the Strait of Hormuz. This offers some relief to the global oil market. Several ships carrying crude oil ha...
India declines Russian LNG under sanctions, talks continue on permitted cargoes, sources sayIndia has refused Russian liquefied natural gas shipments under United States sanctions. This decision comes amid energy supply concerns du...
140 million barrels of Iranian oil up for grabs amid West Asia war. Can India get any?In a strategic shift, the U.S. has granted Iranian oil the green light for export, aiming to exert financial pressure and reduce prices. Ne...
Iran War: Trump is using the wrong oil price when declaring victoryWhile President Trump focuses on West Texas Intermediate crude oil prices staying below $100 a barrel as a win against Iran, the cost of re...
US may remove sanctions on Iranian oil stranded in tankers, Bessent saysThe landscape of oil supply may soon shift dramatically as the United States contemplates easing sanctions on Iranian oil trapped at sea. T...
India's Russian oil buys part of effort to be a strong US partner in keeping oil prices stable, Sergio Gor saysUS Ambassador Sergio Gor lauded India as a "great partner" in stabilizing global oil prices, acknowledging New Delhi's Russian oil purchase...
Top US officials defend temporary waiver on Russian oil exports to IndiaUS officials defended a temporary waiver allowing India to buy Russian crude, saying it would help stabilise global oil markets amid supply...
US says it permitted India to accept Russian oil to ease global supply gapThe US has granted India a temporary 30-day waiver to purchase Russian oil, citing the developing security situation in West Asia and its i...
US Treasury secretary hints at lifting more Russian oil sanctions post India moveUS Treasury Secretary Scott Bessent said the US is considering lifting sanctions on more Russian oil to ease global supply after energy mar...
India imported €144 billion worth of Russian oil since Ukraine warIndia has become a major buyer of Russian crude oil since the Ukraine war. The country imported billions of euros worth of oil. This trade ...
Gold, silver continue march to record highsGold prices have crossed the $4,500 an-ounce mark for the first time. Silver and platinum have also reached record highs. This surge is fue...
Gold vaults to record high as US-Venezuela tensions flareGold has reached a new record high. Investors are flocking to the yellow metal as a safe haven. Tensions over Venezuelan oil shipments are ...
Oil prices climb as US blocks Venezuelan tankers, eyes on Russia-Ukraine talksOil prices saw a slight uptick amid concerns over potential disruptions from a U.S. blockade of Venezuelan tankers. Markets are also keenly...
Oil set to close lower for second straight weekOil prices are heading for a second weekly drop as hopes for a Russia-Ukraine peace deal overshadow concerns over Venezuelan supply disrupt...
Sanctions on Russian oil unlikely to hit Indian OMCs hard: FitchFitch Ratings indicates US sanctions on Rosneft and Lukoil, and EU refined product bans, are unlikely to significantly impact Indian state-...
India refiners set stage for slump in Russia oil purchasesIndian refiners, responsible for over half of the nation's Russian crude imports, have halted purchases for upcoming months. This decision ...
HPCL-Mittal Energy JV suspends Russian oil buy; says ships that delivered oil not under US sanctionsSteel tycoon Lakshmi Mittal's energy venture HMEL has stopped buying Russian crude oil. This decision follows new sanctions imposed by the ...
Brent crude slips 0.35% to $80.51 as investors eye Trump move on Russian export curbsOil prices fell on Monday as expectations of U.S. President-elect Donald Trump relaxing curbs on Russia's energy sector in exchange for a d...
Oil prices climb as supply concerns over Russian sanctions persistOil prices saw a recovery as supply concerns surged after the U.S. imposed additional sanctions on Russia's energy sector due to the Ukrain...
The definitive guide to where the US has squeezed Russia’s oil flows the hardestThe latest US sanctions on 158 oil tankers involved in the Russia trade threaten to significantly disrupt Russia's oil exports. Specificall...