Oil Trade

India’s Oil Supply From Russia Threatened By New U.S. Sanctions 1

India’s Oil Supply From Russia Threatened By New U.S. Sanctions

The new U.S. sanctions imposed on Russia in reaction to the passing of opposition leader and anticorruption crusader Alexey Navalny are threatening India’s oil supply from Russia. According to industry sources in India who spoke to Reuters, Indian refiners are worried that the most recent sanctions imposed by the United

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Iraqi Parliament Calling To Ditch US Dollar For Oil Trade 1

Iraqi Parliament Calling To Ditch US Dollar For Oil Trade

The Finance Committee of the Iraqi Parliament stated that they are calling to ditch the US dollar for oil trade. To thwart US sanctions on the Iraqi banking system, the Finance Committee of the Iraqi parliament started on January 31st, urging the sale of oil in currencies other than the

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