Former President Donald Trump urged NATO allies to immediately halt their purchases of Russian oil, emphasizing the critical need to weaken Moscow’s economy as tensions continue to rise. His call highlights the growing urgency for Europe to break free from its energy reliance
India’s imports of Russian oil are poised to skyrocket in September, boldly challenging U.S. efforts to curb trade. This striking surge underscores New Delhi’s determined strategy to lock in vital energy supplies amid a rapidly changing global geopolitical landscape
Russia is banking on India to continue purchasing its oil amid the shifting global energy scene and is actively seeking trilateral talks with China and India to strengthen strategic and economic ties, Reuters reports
India will continue to secure oil from the most competitive suppliers, stressed the Indian envoy, who strongly criticized US tariffs as “unfair” and “unjustified.” This powerful declaration underscores India’s steadfast determination to meet its energy demands despite escalating global tensions
Indian Oil and BPCL have reignited their Russian oil purchases for September, sources told Reuters, marking a bold strategic shift as global sanctions continue to disrupt supply chains. This move highlights India’s agile energy strategy in the face of escalating geopolitical tensions
India finds itself in the spotlight of U.S. scrutiny, despite its crude oil imports remaining unsanctioned. Washington is sharply focused on New Delhi’s energy ties with Russia, underscoring the intricate geopolitical tensions that go well beyond simple oil trade
Discounts on Iranian crude oil have deepened in China as independent refiners, known as teapots, pull back from buying amid mounting financial pressures and tighter regulations, sources told Reuters-revealing a slowdown in demand in this vital market
Data from Reuters reveals that Russian oil shipments have dramatically slashed OPEC’s share of India’s crude imports to an all-time low. This significant shift underscores India’s increasing reliance on non-OPEC sources as the global energy landscape continues to evolve and fluctuate
Spain’s Oil Imports from Venezuela Surge 60% Ahead of⤠U.S. Sanctions Amid Shifting Global Energy Dynamics In a notable shift…
Indian refiners are increasingly sourcing oil from Latin America and Africa to compensate for the loss of Russian crude, as geopolitical tensions reshape global supply chains. February data highlights a strategic pivot amid shifting market dynamics.
