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Discount, premium, discount, premium: How Russian crude prices swung as India stepped up procurement amid US-Iran war
Russian oil which remained the mainstay of India’s crude procurement strategy since the US-Iran conflict began has swung from being available at high premiums to discounts and back at premiums again as the Middle East conflict situation has evolved.
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theprint.in
With crude at $100 again, Russian supplies may cushion India, but cost pressures set to mount
Analysts say India is unlikely to face an immediate supply shortage as Russian oil and Gulf producers can fill part of the gap, but prolonged disruption would push up import bills.
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timesofindia.indiatimes.com
Discount, premium, discount, premium: How Russian crude prices swung as India stepped up procurement amid US-Iran war
Russian oil which remained the mainstay of India’s crude procurement strategy since the US-Iran conflict began has swung from being available at high premiums to discounts and…