The combination of rising flows via Hormuz and higher Russian exports amid damage to Russian refineries is widening discounts.

A reopening of the Strait of Hormuz and lower oil prices following the U.S.-Iran agreement could significantly reduce India’s energy import costs and improve its trade balance.

US-Iran war impact: India’s crude oil imports from Russia are set to hit an all–time high in June, according to data from Kpler, a global real-time data and analytics provider.…

Indian refiners are delaying purchases of Middle Eastern crude despite the reopening of the Strait of Hormuz, relying instead on ample inventories and alternative supplies led by…

The combination of rising flows via Hormuz and higher Russian exports amid damage to Russian refineries is widening discounts.