Russia's oil exports remained flat in 2025 with a massive 80% now going to China and India following sanctions, while India's recent pivot away from Russian crude has left China as Moscow's last major ...

Discounts on Russian oil exports to China widened to new records this week as sellers cut prices to lure demand from the ...

Discounts on Russian Urals and Iranian Light crude have widened significantly as the sanctioned producers compete for the ...

Tighter US sanctions, which have pushed Russian oil prices down to US$40 a barrel and below, have led to a wave of ...

Deputy Prime Minister Alexander Novak said on Friday Russia's oil exports reached 238 million metric tons in 2025 with around ...

Russian and Iranian oil producers are offering steeper discounts as they compete for Chinese buyers after India significantly reduced its purchases of Russian crude.

Add Yahoo as a preferred source to see more of our stories on Google. The European Union is discussing a proposal to replace the current price cap on Russian oil with a complete ban on providing ...

India is unlikely to eliminate Russian oil imports and the U.S. may not have enough leverage to push New Delhi to do so, ...

US-Iran conflict is the dominant issue, pricing in $10/bbl risk premium. Strait of Hormuz blockade could send Brent crude ...

LONDON — The U.K. backs a ban on maritime services for Russian oil shipments and could act alongside the European Union in a future crackdown even without U.S. support, a minister and a senior ...

Strikes by Israel and the United States on Iran raise risks to India’s oil imports via the Strait of Hormuz, increasing price ...