global oil markets

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Australia slashes fuel taxes, backs imports as war-driven oil shock hits economy

Perth — Anthony Albanese said on Monday that Australia will halve fuel excise and underwrite spot cargo imports for three

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Greece Unveils Consumer Aid as Energy Costs Surge on Iran Conflict

Athens— Greece will announce new financial support measures on Monday to shield consumers from rising energy costs linked to the

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Drone Strikes Disrupt Russia’s Baltic Oil Lifelines, Halting Key Exports

Moscow — Russia suspended oil and fuel loadings at its Baltic Sea ports of Primorsk and Ust-Luga on March 22

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Trump Says India Will Buy Oil From Venezuela, Not Iran

Mumbai – U.S. President Donald Trump said on Saturday that India will buy oil from Venezuela and not from Iran,

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US Pitches Venezuelan Crude to India as Its Russian Oil Imports Slow

New Delhi – The United States has told India that it can soon resume purchases of Venezuelan crude oil to

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Cuba Responds to Shift in Regional Energy Flows

Havana – Cuba has reacted firmly to recent statements from the United States regarding changes in regional energy arrangements, emphasizing

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US Oil Companies Weigh Venezuela’s Energy Revival Opportunity Ahead of High-Level Talks

As Washington explores a structured pathway for Venezuela’s recovery, US energy companies are carefully assessing long-term opportunities, balancing vast resource

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India Strengthens Energy Transparency to Support Trade Diplomacy and Long-Term Energy Security

New Delhi – India has taken a measured and forward-looking step by seeking weekly data from refiners on crude oil

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OPEC+ Charts Steady Course with Modest Oil Output Increase to Stabilize Global Energy Markets

OPEC+ announces a balanced 137,000 barrels-per-day increase in oil production from November, reflecting strategic planning to maintain market stability while

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