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The benchmark Brent crude price rose to around $90 a barrel U.S. West Texas hovered at around $85 a barrel
Energy

Oil prices surge as reports of Israeli strike on Iran roil...

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Oil prices surge by more than $3/barrel on Middle East supply disruption fear Amid escalating Iran-Israel conflict, oil prices surged by $3 a barrel in...
US Lawmaker said that he worries that India could become instead an
US Politics

US lawmaker calls on India to choose ‘team America’ over China-Russia

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Modi govt is quietly being pressed by the Biden administration to align with Western position on Russia US lawmaker and a two-term Democrat from Massachusetts,...
India’s procurement of discounted Russian crude oil has seen a massive increase in the last few months, despite rising disquiet in many Western capitals
Politics

S Jaishankar in Moscow: “It works to India’s advantage” says EAM...

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India-Russia relationship, buying oil from Russia: What EAM S Jaishankar said in Moscow S Jaishankar, on a two-day visit to Russia, said in his opening...
Union Minister of Petroleum and Natural Gas Hardeep Singh Puri asserted that India will continue to purchase oil from whichever country it has to
Politics

Hardeep Puri avers ‘no pressure’ on India over Russian oil; ‘will...

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Would wait for the effective cut to assess the impact on India: Hardeep Puri Union Petroleum and Natural Gas Minister Hardeep Singh Puri has said...
Western sanctions against Russia have led many companies and countries to shun its oil, depressing Russian crude to record discount levels
Business

Amid Russia-Ukraine crisis, IOC buys 3 million barrels of Russian Urals...

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Indian oil buys 3 mn Bbls Russian Urals from trader Vitol for May In the first purchase after the Russia-Ukraine crisis, the Indian Oil Corp...

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