June 4, 2026
US-Russia-India tensions could spark crude oil prices to touch $80 per barrel
Oil market experts predict Brent crude oil prices will likely surge to USD 80 per barrel due to escalating US-Russia tensions threatening global oil supplies. Potential sanctions and tariffs on countries trading with Russia, initiated by the US, could further inflate prices. Disruptions in Russian oil flow could push prices even higher, potentially reaching USD…
Indian Oil refiners continue to source oil from Russia
Sources reveal that Indian oil refiners continue to procure oil from Russia, driven by economic factors and adherence to international norms. Despite global concerns and price volatility, India’s strategic sourcing has ensured affordable energy and market stability. While adhering to international frameworks, India’s approach has contributed to global energy stability.