NEW DELHI: As benchmark Brent crude touched $111 a barrel due to supply crunch, making global markets nervous, US administration on Monday extended the sanctions waiver allowing countries to buy Russian seaborne crude.

The Trump administration has ended its short-lived sanctions waivers for Russian oil, rejecting appeals from major importers like India to keep the exemptions active amid the…

India's oil refiners are prepared for changes in Russian crude supply. Weaker domestic demand and available oil from the US and Middle East offer alternatives. China's reduced…

India's oil refiners are poised to manage supply disruptions post-Russian oil waiver expiration, thanks to alternative sources and reduced demand.

Washington has extended its sanctions waiver for Russian oil cargoes at sea by 30 days. This move aims to help vulnerable nations access Russian oil amidst surging global energy…