Oil Prices Slip as US Grants India 30-Day Waiver to Purchase Russian Oil
Oil prices declined in early trading on Friday after the United States announced a temporary 30 day waiver allowing Indian refiners to purchase Russian oil currently stranded at sea. The move eased concerns around supply...
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Middle Eastern Suppliers Gain Share as Russian Volumes Face Sanctions Pressure
New Delhi, February 22: India’s crude oil import strategy is moving into a phase of calibrated rebalancing, with Middle Eastern suppliers led by Saudi Arabia regaining market share even as Russian volumes remain...