Oil prices fell on Thursday when investors weighed the prospects for the American fuel demand with the end of the summer jacket of the summer in the area, while assessing potential shifts of crude delivery, because India is confronted with the punishment of American rates for importing Russian oil. Brent Crude Futures fell 31 cents, […]
US President Donald Trump Boards Air Force One on his way to New Jersey of Joint Base Andrews, Maryland, US, August 1, 2025. | Photocredit: Reuters/Ken Cedeno President Donald Trump of the United States On Friday (local time) suggested that India stops buying Russian oil and calling it “a good step” when it is confirmed, […]
The dependence on India of the Russian crude oil has risen from only 0.2% before the Ukraine war to around 35-40% currently, making the top supplier of Russia India. From only 0.2 percent before the Russia-Ukraine war to now good for 35-40 percent of the total rough import, the dependence on India of Russian oil […]