India crude oil imports.jpg

Trump sanctions impact: India looks at Middle-East for oil imports; pulls away from Russian crude

​Oil market participants are intently monitoring India’s immediate and long-term acquisitions of crude oil. (AI image)​ As US President Donald Trump’s sanctions on Russian oil firms come into effect later this week, Indian refineries are already looking at the Middle-East for their crude oil supply. An increase in oil tanker bookings for Middle East-India routes…

Read More
Vladimir putin benjamin netanyahu ap.jpg

‘Thorough exchange of views’: Putin, Netanyahu discuss Middle-East tensions; Russia counters US draft with UN Gaza resolution

Vladimir Putin, Benjamin Netanyahu (AP) Russian President Vladimir Putin and Israeli Prime Minister Benjamin Netanyahu spoke over the phone on Saturday to review key developments in the Middle East.According to a joint statement from the Kremlin and the Prime Minister’s Office, the leaders discussed the situation in Gaza, Iran’s nuclear programme, and ongoing dynamics in…

Read More