Turkish refineries, which buy Russian oil at reduced prices, have subsequently seen their sales to Europe increase.

The implementation of the price cap policy by the US and Western nations in late 2022 has had an impact on the transportation of Russian …

The ministry further explained that production levels in August and September are expected to compensate for the overproduction in July.

These unfolding events in key crude oil-producing regions have amplified concerns in the market over potential supply disruptions.

The Netherlands has pledged to provide crucial military support to Ukraine by delivering 18 F-16 fighter jets, underscoring a growing international effort to assist Ukraine …

Valeo completes the sale of its Russian thermal systems business to NPK Avtopribor as part of its strategic restructuring, marking the company’s exit from Russian …