Russian oil

Russia Replaces Iraq as Top Oil Supplier to India in November

Russia has for the first time emerged as top oil supplier to India replacing Iraq as refiners last month snapped up oil from Moscow fearing a price cap from Dec. 5 could hit supplies and choke payment avenues. Buy Prime...

G-7 Countries Agrees To Price Cap System For Russian Oil

Members of the G7 have agreed to impose a price cap on Russian oil in a bid to hit Moscow's ability to finance the war in Ukraine. The cap on crude oil and petroleum products would also help reduce global...