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fromLondon Business News | Londonlovesbusiness.com
2 days ago

Oil rebounds sharply as US sanctions boost prices - London Business News | Londonlovesbusiness.com

New US sanctions targeting major Russia n oil companies, including state-owned Rosneft and Lukoil, drove the market to the upside. These measures are part of the Trump administration's strategy to pressure Russia regarding the conflict in Ukraine. The sanctions are expected to disrupt Russian exports, immediately tightening global supply and prompting key importers to reassess purchases. The latest EIA report data also supported the impact of the sanctions.
World news
US politics
fromwww.aljazeera.com
1 week ago

Can Trump force India to give up buying Russian oil?

Prime Minister Narendra Modi promised that India will stop buying Russian oil, cutting Moscow's energy revenue and pressuring Russia over the Ukraine war.
Miscellaneous
fromBusiness Matters
1 week ago

UK targets Russian oil market with new sanctions on Lukoil, Rosneft and 'Shadow Fleet'

UK imposes sweeping sanctions targeting Russia's largest oil producers, state-linked tankers, and overseas partners to cripple energy revenues and reduce Russian oil exports.
World news
fromwww.theguardian.com
1 month ago

Ukraine war briefing: Russian oil system struggling under Ukrainian attacks report

Ukraine's drone strikes on refineries and ports prompted Transneft to warn of possible output cuts and storage limits, threatening Russian oil export capacity.
World news
fromFast Company
1 month ago

India's Russian oil imports expected to rise in September, defying U.S. pressure

India will increase purchases of discounted Russian oil in September as Russia cuts prices and faces reduced refinery processing capacity due to damage and outages.
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