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Tag: Oil

Why oil prices aren’t what you think – and what it means for global supply

Oil prices have dominated headlines and policy discussions since the start of the US-Israel war on Iran. In the six weeks since the United...

EU imposes sanctions on Rosneft’s India refinery, crude to become cheaper

New Delhi: The European Union on Friday imposed sanctions on the Indian oil refinery of Russian energy giant Rosneft and lowered the oil price cap,...

Russian oil prices crash to $52 following Trump’s global tariff shock

Russia is in unprecedented economic situation as global crude prices fall sharply following Trump's global tariff shock and the OPEC's decision to increase oil...

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