US sanctions strand Iran, Russia oil on tankers, driving up crude costs
The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of buyers, leaving fewer tankers available to deliver cargoes and driving up crude costs,
Indian refiners work to build sanctions-proof supply chain for Russian oil
Some are existing outfits that have not been impacted by the punitive measures, while others are newly created, replacing those that are now off-limits
India Reshuffles Trade Supply Chain to Buy Unsanctioned Russian Oil
Indian refiners are reconfiguring their supply chains, including changing trading partners and insurers, to continue importing Russian crude oil while navigating US sanctions.
Russia says US sanctions should not affect oil trade with India
U.S. sanctions on Russia should not affect Moscow's oil trade with India, Pavel Sorokin, Russia's first deputy energy minister, said on Tuesday, while adding it was too early to assess the impact of the latest restrictions.
Russian Energy Official Says US Sanctions Should Not Hinder Oil Trade With India
U.S. sanctions on Russia should not affect Moscow's oil trade with India, Pavel Sorokin, Russia's first deputy energy minister, said on Tuesday, adding that it was too early to assess the impact of the latest restrictions.
India rejects oil shipment from sanctioned Russian producer – Bloomberg
The oil tanker Cordelia Moon, carrying crude from a Russian producer, has come under US sanctions and has been drifting off India's west coast for two days, according to Bloomberg. The Cordelia Moon was scheduled to unload at Vadinar Port on February 9,
Indian Oil buying sanction-free Russian crude oil cargoes, chairman says
Indian Oil is buying Russian crude oil cargoes without the involvement of sanctioned entities and expects gasoline demand to grow 6-7% in the fiscal year 2026, the company's chairman said on Tuesday.
Indian Oil buying sanction-free Russian crude, chairman says, projects 6-7% gasoline demand growth by 2026
Indian Oil is purchasing Russian crude oil without sanctioned entities' involvement. The company anticipates a 6-7% growth in gasoline demand and 4% in diesel by 2026. However, petrochemical margins are expected to remain weak due to oversupply,
Russia braces for oil output cuts as sanctions and drones hit
Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...
Oil aims for 3-day winning streak as traders weigh impact of tariffs and sanctions
Oil futures headed higher for a third straight session on Tuesday, with U.S. prices poised to settle at their highest in two ...
OPEC Heavyweights Boost Oil Prices as Sanctions Hit Russian Flow
Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...
US sanctions network that helps ship Iranian oil to China
The U.S. on Thursday imposed sanctions on a network of more than a dozen people and firms that are accused of facilitating ...
Crude Oil Prices1d
New Sanctions Aim to Curtail Iran's Oil Revenue Flow to China
The United States has imposed new sanctions on individuals and entities facilitating the sale of Iranian oil to China, aiming ...
China Offered Cheaper Russian Oil as Sanctions Fallout Persists
Chinese refiners are being offered Russian ESPO crude cargoes at lower prices as growing concern around US sanctions increase ...
Trump Admin Targets Iran's Nuclear Weapons Program With New Oil Sanctions
The Treasury sanctions are directed at more than a dozen people and companies based in China, India and the United Arab ...
Moscow's oil exports are under pressure as Western sanctions hit Russia's 'shadow fleet'
The "shadow fleet" comprises often aging, uninsured ships that aim to evade sanctions on Russian energy exports.