oil trade
- World
Iran halting Strait of Hormuz traffic might trigger global oil market turmoil
Amid the military strike launched by the United States and Israel on Iran on Saturday, February 28, an official from the European Union’s naval mission Aspides said that vessels received VHF transmission…
- Business
Reliance receives US licence to import Venezuelan crude oil
New Delhi: Billionaire Mukesh Ambani’s Reliance Industries Limited has received a US general licence to purchase Venezuelan crude oil directly, enabling India’s largest private refiner to resume imports of discounted heavy feedstock…
- World
BRICS expansion could end US dollar dominance in oil trade: Financial experts warn
New York: With the BRICS emerging as a major trading bloc with its expansion of six more countries, including Saudi Arabia, since the last South African meet, question bothering many traders in…
