Trump eases curbs on Russian oil, says ‘will hit Iran very hard’

[ad_1] President Donald Trump said the US was going to be hitting Iran “very hard over the next week”, shortly after issuing a partial 30-day waiver for purchases of sanctioned Russian oil, hoping to ease prices fuelled by the US-Israeli war on Iran. Prices have been whipsawing on Trump’s changing comments on the likely duration […]

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Russia retains top spot as India’s crude source despite US pressure

[ad_1] NEW DELHI: Crude imports from Russia remained at the top of India’s oil basket despite US warning New Delhi against purchases from Moscow and the Trump administration later levying an additional 25% penal tariff.Indian oil purchases from Moscow picked up in 2023, soon after the Ukraine war broke out and Russian crude became available […]

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