The agreement also includes an additional quota adjustment for the UAE
India has become the leading buyer of seaborne Russian oil since 2022
The agreement lays the groundwork for long-term collaboration
The two sides will also conduct joint geological surveys in other promising areas
The company’s system aim to use up their remaining AI-80 stocks by the end of 2025
Russia has ratified a revised oil trade agreement with Kazakhstan, extending the deal to 2028.
Inflation to slow to 8.1% by year-end
Oil prices plunged after Israel confirmed a U.S.-brokered ceasefire with Iran, easing fears of further conflict and restoring calm to global energy and financial markets.
WTI climbs to $75.35 per barrel
Before this, fuel prices had been decreasing for several weeks
Company plans share buyback