oil price impact

Trump sanctions bite! Oil heading to India, China falls steeply; but can the world permanently ignore Russian crude?

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New US sanctions on Russian crude oil firms are causing major purchasers in China, India, and Turkey to distance themselves, leading to a significant decline ...

OPEC+ announces sharp increase in July oil production

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Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for July. But in early 2025, OPEC+ ...